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Zheng Li

China yuan's slide past 7/dollar had policymakers' blessing - sources

05 Aug 2019

SINGAPORE/SHANGHAI Chinese monetary authorities let the yuan slide past the key 7-per-dollar level so that markets could finally factor in concerns around the Sino-U.S. trade war and weakening economic growth, three people with knowledge of the discussions said on Monday.

China yuan's slide past 7/dollar had policymakers' blessing: sources

05 Aug 2019

SINGAPORE/SHANGHAI Chinese monetary authorities let the yuan slide past the key 7-per-dollar level so that markets could finally factor in concerns around the Sino-U.S. trade war and weakening economic growth, three people with knowledge of the discussions said on Monday.

UPDATE 1-China yuan's slide past 7/dollar had policymakers' blessing - sources

05 Aug 2019

SINGAPORE/SHANGHAI, Aug 5 Chinese monetary authorities let the yuan slide past the key 7-per-dollar level so that markets could finally factor in concerns around the Sino-U.S. trade war and weakening economic growth, three people with knowledge of the discussions said on Monday.

China yuan's slide past 7/dollar had policymakers' blessing - sources

05 Aug 2019

SINGAPORE/SHANGHAI, Aug 5 Chinese monetary authorities let the yuan slide past the key 7-per-dollar level so that markets could finally factor in concerns around the Sino-U.S. trade war and weakening economic growth, three people with knowledge of the discussions said on Monday.

Chinese vice premier urges more support for economy as trade war bites

13 Jun 2019

SHANGHAI Chinese regulators should step up support for the economy and keep ample liquidity in the financial system, Vice Premier Liu He said on Thursday, suggesting Beijing would soon unveil more policies to bolster growth amid rising U.S. trade pressure.

RPT-UPDATE 1-China's central bank won't let yuan weaken past 7 to the dollar-sources

20 May 2019

* C.bank eyes steps to slow yuan decline to 7/dollar -sources

China's central bank won't let yuan weaken past 7 to the dollar: sources

17 May 2019

SHANGHAI/BEIJING China's central bank will use foreign exchange intervention and monetary policy tools to stop the yuan weakening past the key 7-per-dollar level in the near-term, three people familiar with the central bank's thinking said.

China's cbank will not let yuan decline past 7 to the dollar - sources

17 May 2019

SHANGHAI/BEIJING, May 17 China's central bank will use foreign exchange intervention and monetary policy tools to ensure the yuan does not weaken past the 7-per-dollar key level in the immediate term, three people familiar with the central bank's thinking said.

Exclusive: China central bank bars some offshore lending in latest move to support yuan

16 Aug 2018

SHANGHAI China has banned banks in its ground-breaking free trade zones from certain lending activities to ease pressure on the yuan currency in offshore markets, two sources with direct knowledge of the matter said on Thursday.

HNA misses early payment on $272 million trust loan under liquidity pressure - sources

07 Feb 2018

BEIJING/SHANGHAI An HNA Group company has failed to make an early payment it had agreed to on a 1.7 billion yuan ($271.9 million) trust product that falls due next week, two sources with direct knowledge of the situation said, the latest indication of financial stress at the highly leveraged conglomerate.

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