USD/CNY: Well supported near term amid heightened US-China tensions – Commerzbank USDCNY China UnitedStates Banks
for February remained unchanged at 3.65% and 4.3%, respectively.”
“Macro policy stimulus will likely be announced during the annual session, and it will be a good timing for the PBoC to cut rates and signals that it stands ready to support the economic recovery.”Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets.
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USD/CNY fix: 6.8643 vs. the estimate of 6.8655In recent trade today, the People’s Bank of China (PBOC) set the yuan at 6.8643 compared with the last close of 6.8661. The PBoC also set the LPR 1-ye
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China representative invited to Taiwan by Taipei mayor met by dozens of protestorsLi Xiaodong, Head of Shanghai city's Taiwan Affairs Office, was met by protestors at the Songshan Airport in Taiwan after being invited to the self-ruled island by Taipei's new mayor.
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U.S. handling of balloon incident 'hysterical', China's top diplomat saysChina's top diplomat Wang Yi said on Saturday that the U.S. handling of the balloon incident had been 'unimaginable' and 'hysterical', and an 'absurd' act that violated international norms.
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U.S. handling of balloon incident 'hysterical', says China's top diplomatChina's top diplomat Wang Yi said on Saturday that the U.S. handling of the balloon incident had been 'unimaginable' and 'hysterical' - an 'absurd' act that had violated international norms.
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China swipes at 'hysterical' U.S. at global security gatheringChina's top diplomat on Saturday accused the United States of violating international norms with 'hysterical' behaviour, as a running spat over a suspected Chinese spy balloon bubbled to the fore at a global security conference in Munich.
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China calls US handling of spy balloon ‘hysterical’A suspected Chinese surveillance balloon, which Beijing denies was a government spy vessel, spent a week flying over the United States and Canada before being shot down off the Atlantic Coast earli…
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