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Chinese Yuan news

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Chinese yuan rate increase has effect on international students
After the wake of a recent exchange rate increase, the Chinese yuan has become devalued in the United States, causing a stir of questioning among international Chinese students at Iowa State.
UK retailers set to struggle during Golden Week as Chinese Yuan falls by 10 ...
According to Visit Britain, over 185,000 Chinese tourists visited the UK in 2014 with an average spend per visit of �2,688.00.
Currency devaluation and US-China relations
But then in August, China devalued its currency and that set off a market sell-off around the world that wiped out trillions of dollars of value from global stock markets.
Yuan devaluation could have impact on Chinese buyers of American homes  China Post
China's Xi says to push yuan reform; FX reserves ample :WSJ
Chinese Yuan Rises To More Than 3-week High Against US Dollar
Against the greenback, the yuan rose to more than a 3-week high of 6.3555 from an early low of 6.3593. If the yuan extends its uptrend, it is likely to find resistance around the 6.20 area.
A tale of two China PMIs: Manufacturing still contracting  CNBC
China's yuan firms as dollar demand eases, seen trading narrowly
PBOC official Sheng Songcheng told a forum on Friday that volatility in Chinese markets was not due to the opening of China's capital account but that the slow pace of reform was to blame for leaving domestic markets vulnerable to global volatility.
Chinese yuan strengthens to 6.3785 against USD Friday  Shanghai Daily (subscription)
China's yuan dips on weaker official midpoint
SHANGHAI China's yuan weakened against the dollar on Tuesday after the central bank fixed its official midpoint weaker.
Chinese yuan weakens
China's yuan softens slightly on weaker midpoint  Yahoo Finance UK
Wal-Mart to Vendors: The Chinese Yuan Is Lower, So Cut Your Prices Too
Reuters reports that Wal-Mart is seeking cost the prices it pays to more than 10,000 suppliers by 2% to 6% on various "made in China" products. According to reports, the retail giant is looking to pass on those savings on to customers and keep its own ...
Walmart seeks price cuts from Chinese suppliers after yuan devaluation  Retail Week
Wal-Mart wants a piece of the devalued Chinese currency  Business Insider
Look for opportunities with the low Chinese yuan
The lower yuan could also throw up opportunistic merger and acquisition opportunities as Chinese companies become more affordable to foreign buyers, Nemeth said.
Xi Jinping vows not to further devalue yuan as currency approaches stability ...
“President Xi discussed his commitment to accelerate market reforms, avoid devaluing China's currency, and have China play a greater role in upholding the rules-based system,” Obama told a joint press conference with Xi after their talks at the White ...
UPDATE 2-US Treasury official says China trying to keep yuan from falling more  Reuters
China's new oil contract signals shift from Brent and US dollar
Opening up China's downstream refining industry has also added to pressure on state oil companies which should lay the foundations for a yuan-based oil contract to gain traction in the local market. This will add to pressure on Brent and London to ...