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China’s Yuan Rises to Highest Level Against Basket Since 2022
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China’s Yuan Rises to Highest Level Against Basket Since 2022

Bloomberg Markets·Jacob Gu·4 months ago
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China’s yuan has strengthened to its highest level in nearly four years versus a basket of trading-partner currencies, underscoring the appeal of Chinese assets as a regional haven during the Iran conflict.

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Ecobank Seeks Yuan Link to Trim Dollar Dominance in Africa Trade
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Ecobank Seeks Yuan Link to Trim Dollar Dominance in Africa Trade

Pan-African lender Ecobank Transnational Inc. is exploring ways to facilitate direct yuan payments for its clients trading with China as it seeks to boost ties with the continent’s biggest trading partner and reduce reliance on the dollar.

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Wingtech posts $1.3 billion loss and faces Shanghai delisting as Nexperia audit collapses — 57% of company's…
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Wingtech posts $1.3 billion loss and faces Shanghai delisting as Nexperia audit collapses — 57% of company's…

Tom's Hardware·Luke James·5 months ago
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From Latest from Tom's Hardware: Wingtech posts $1.3 billion loss and faces Shanghai delisting as Nexperia audit collapses — 57% of company's assets can't be verified

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Will the Yuan’s Fall Force China to Re-energize Reforms?
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Will the Yuan’s Fall Force China to Re-energize Reforms?

Knowledge at Wharton·@HashtagPLUS·5 months ago
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#search#china#currency#market#yuan#article

Following last week’s devaluation of the yuan, the focus is shifting to structural impediments China faces on its path to reforms.…Read More

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602: The Hardscrabble Business of Chinese Manufacturing in Africa
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602: The Hardscrabble Business of Chinese Manufacturing in Africa

HBR IdeaCast·5 months ago
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#hbsp#chinese#factories#africa#irene#yuan

Irene Yuan Sun, a consultant at McKinsey, explains why so many Chinese entrepreneurs are setting up factories in Africa. She describes what it's like inside these factories, who works there, what they're making—and how this emerging manufacturing sector…

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