Interview with Giorgio Trentin, sinologist and professor of Chinese language and history of contemporary China at the University of Macerata - "China must seek - and is seeking - new horizons towards which to direct a new impetus for economic growth, but…
Lula's proposal animates the BRICS summit in South Africa on which the spotlights of the world are turned on
Real estate crisis, lockdown and 20% youth unemployment drastically reduce GDP growth. The Yuan is close to 7 against the dollar. Ma Xi is heading into his third term
The wave of pessimism that opened the week could continue today, after the heavy closure of Wall Street - Apple down by 5,2% - The euro slows down in parallel with the run of the Bund
For the first time in 11 years, the share price has fallen below the barrier of seven yuan per dollar
Price lists and yuan down after the detention of the daughter of Huawei, vice president and CFO of the telecommunications giant, accused of having sold products and services to Iran - Usa: the Beige Book confirms the slowdown: race for bonds - Today Opec…
The bond has a duration of 2 years and pays a gross annual fixed coupon of 4,15% - The minimum amount is 10 renminbi, equal to just under 1.500 euros.
The strict measures on capital controls and transparency of financial transactions adopted by China aim not only to combat money laundering but to deal decisively with the phenomenon of shadow banking, which continues to raise many concerns…
The dollar/yuan is now listed at 6,6001, up 0,3% from yesterday.
The new exchange rate is 6,4943 yuan to the dollar, down about 0,60% from yesterday - This is the largest devaluation since last August.
The G20 conclusions are not enough to reassure European markets, which start the week in the red - Asian stock markets are also hurting, after China set the yuan exchange rate at a low of 4…
The exchange rate is set at 6,5452 to 1 dollar, the lowest since February 3 - Previously, however, the governor of the Chinese central institute had reassured that Beijing would not use the devaluation to promote the competitiveness of exports…
Second consecutive day of rebound for the European stock exchanges - Piazza Affari gains more than 3% in the mid-morning and regains its 17.000 point quota - Draghi anticipates the guidelines of the new Qe - Telecom Italia's board of directors examines the…
New move by the Chinese Central Bank which devalues the Yuan - China fixes its quotation at 6,414 dollars - From August to today, the Chinese currency has lost 3,4% of its value against the dollar - In Switzerland the…
The share of the yuan (renminbi) in payment transactions in the world increased in August to 2,79% in value against 2,76% of the yen - In first place the dollar ahead of the euro and the pound.
The reduction is 0,07% compared to yesterday - Previously, the institute had injected more than 23 billion euros into the banking system.
The Washington institute "formally reviews the composition and evaluation of the SDR basketball every five years. The next review is expected to be completed by the end of 2015 with any decision affecting the current SDR set to take effect from October 2016".
Green light for the new 85 billion aid plan or just a bridging loan for Athens after the parliamentary duel between Tsipras and Syriza? The word from the Eurogroup - China stops the decline of the yuan but all the emerging currencies are…
Reforming the exchange system of the Yuan to bring it closer to "market" mechanisms and stimulate growth by favoring the recovery of exports: these are the objectives of the (triple) Chinese devaluation - It is probable that new stimulus measures will arrive - The…
After the new 1% devaluation of the yuan, the deputy governor of the Chinese Central Bank intervenes surprisingly: "We don't want to push the yuan down by 10%" but the markets remain restless even if Wall Street starts recovering, starting from…
INTERVIEW WITH GIACOMO VACIAGO - "The triple devaluation of the Chinese currency is not just a move to encourage exports, but a radical change: from now on, the yuan is on the market and there are two leading currencies" - "China…
The Chinese central bank has again devalued the yuan by 1% against the dollar: it is the third devaluation in 72 hours - In three days the Chinese currency has weighed 4,65% against the dollar and now the exchange parity is…
The devaluation of the yuan has put into crisis the luxury brands that in recent years have significantly increased their earnings thanks to the Chinese market - The weaker yuan and the decline in sales in Asia will force the…
Second devaluation in a few hours for the yuan: in the last few hours the Chinese Central Bank has decided to devalue it by another 1,62% against the dollar, after yesterday's 2% devaluation to align it with real market values -…
REPORT FOREX CAPITAL MARKET - Beijing is not aiming so much at a long-lasting devaluation, but at sending a clear message to the market: the path of the yuan must not only be considered upwards but can also fall - Possible…
The Chinese central bank has decided to devalue the yuan by 2% - The move is aimed at orienting the exchange rate more favorably to the market - The yuan-dollar parity, which was yesterday at 6,1162, goes to 6,2298
The Chinese stock market closed with the worst drop since 2009 (-5,43%) - But it's not just the profit-taking that weighs.
In Japan, the central bank left the level of stimulus unchanged - Monetary policy announcements from the ECB and the Bank of England are expected today.
The internationalization of the yuan is slow but inexorable: an agreement between China and South Korea to use their own currencies to regulate trade between the two countries: China will accept won and Korea will accept the yuan-renmimbi.
Renzi will lead a government/business mission to China on 9 June, in which SACE will also participate - After the recovery in 2013, our exports will also increase in 2014-17 to an average of more than 11% - Prime Minister Renzi's mission…
The renminbi, the Chinese currency, ranks seventh among the currencies most used in international payments and the second in international trade finance instruments - The increasingly widespread adoption of the Chinese currency has allowed its…
To reduce excess liquidity, China's central bank withdrew 48 billion yuan ($7,92 billion) from the market - The unexpected growth in credit in January put downward pressure on rates.
The liquidity injection arriving from China is worth over 255 billion yuan, equal to 42 billion dollars - The decision gave new breath to the world stock exchanges, starting with the Asian lists: the Nikkei index reached…
The Chinese currency surpasses the euro in financial transactions - The yuan accounts for 8.66% of letters of credit and similar, compared to 6,64% for the euro - Various countries are interested in having China as their counterpart
In the US Treasury report released yesterday there is no accusation of "manipulation" - Yielding to the protectionist impulses of some industrial circles, however, the report states that the Chinese yuan is "significantly undervalued".
The internationalization of the yuan represents the next structural shift in the global financial landscape, which also has implications for the treasuries of companies that trade with Beijing - The central bank has a plan to gradually introduce convertibility - Already applied…
The Asian country is preparing to launch new reforms to liberalize the internal market and open up to international trade - Less stringent rules for listing on the Dragon's lists and more freedom in the issue of bonds by…
Only a year ago the exchange rate of the Chinese currency against the euro was 9,38 - Now it has dropped to an all-time low of 7,85: the appreciation of the yuan in 12 months is 16%, but this is only the nominal one - Data…
The landing of Dim sum bonds in London, bonds denominated in Chinese currency, was made official by HSBC with an offer worth two billion renminbi which, in addition to marking a turning point for the City as…
In the challenge between London and Singapore to win second place as an offshore location for business connected to the renminbi, the City receives the support of Beijing. There is no shortage of potential benefits for both parties, but some difficulties remain to…
Increasingly wealthy Chinese: the rich are now 2,7 million, while the ultra-rich (with assets over 100 million yuan) are growing to 63.500 - Preferred expenses: travel, luxury goods, children's education and gifts.
The bull run of the Chinese currency is, at least for this year, over - But Western governments have won: a massive revaluation of the yuan and a change in the growth model towards expanding domestic demand are underway.
