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China devalues yuan currency to three-year low
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Bad Economic News Main Event: China devalues...
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B. 2015-11-30 China's yuan gains IMF reserve status China
2. 2015-08-12 China allows yuan currency to drop for third day Beijing
D. 2015-08-11 China's yuan currency devalued for a second day Beijing
2015-08-10 China devalues yuan currency to three-year low Beijing
F. 2013-12-18 Bitcoin sinks after Chinese action Beijing
G. 2012-06-28 China eyes yuan conversion trial Shenzhen, Southern China
7. 2011-06-13 China inflation at 34-month high China
I. 2011-01-17 China questions currency system China

China allows yuan currency to drop for third day  Beijing: But Thursday's rate of 1% down against the dollar was a smaller margin than the shock cuts earlier in the week China's yuan currency devalued for a second day
China's yuan gains IMF reserve status


year 2015 Top ^

Nov.30
  The International Monetary Fund (IMF) has announced that China's currency, the yuan, will join the fund's basket of reserve currencies
Aug.12
Aug.11
  Beijing: China's Central Bank has again cut the guiding rate for the national currency, the yuan, a day after Tuesday's record 1.9% devaluation

Aug.10
  Beijing: China's central bank has devalued the national currency, the yuan, to its lowest rate against the US dollar in almost three years


year 2013 Top ^

Dec.18 Bitcoin sinks after Chinese action   Beijing: Bitcoin has fallen to less than half the value it recently traded for, following reports of fresh action by Beijing to restrict trade in the...

year 2012 Top ^

Jun.28 China eyes yuan conversion trial   Southern China: China is planning to set up a special zone to experiment with the yuan's convertibility, the latest step in its bid to open up its capital m...

year 2011 Top ^

Dec.25 China and Japan in currency deal  China and Japan have unveiled plans to promote direct exchange of their currencies in a bid to cut costs for companies and boost bilateral t... Jun.13 China inflation at 34-month high   Consumer prices rose by 5.5% in May, compared with the same month in 2010, despite the government efforts to rein in rising prices Jan.17   China questions currency system  Chinese President Hu Jintao has said the international currency system dominated by the US dollar is a 'product of the past'

year 2010 Top ^

Oct.23 US treasury chief to visit China  Beijing: Timothy Geithner is to visit China at a time of tension between the two countries over the value of China's currency, the yuan Sep.30 'US bill on yuan would hurt both countries'
  Beijing: U.S. House's passage of legislation designed to combat Beijing's manipulation of currency Sep.9 Japan alarmed over China's yen purchase
  Japan has expressed concern about China's recent sharp increase in purchases of Japanese government bonds Jun.19   Obama hails China currency move  Washington: US president welcomes China's suggestion that it will allow a rise of the yuan, which many in the West say is undervalued. China hints at stronger currency
  Beijing: China has indicated it will allow the yuan to rise against the dollar and other Western currencies
Apr.4 U.S. delays report on China currency  Washington: Obama's government was delaying a report to Congress in order to provide more time to address China's alleged currency manipulation Mar.13 China denies currency undervalued
  Beijing: Chinese Premier Wen Jiabao has rejected criticism that China is keeping yuan undervalued in order to boost exports

year 2009 Top ^

Dec.27 Wen dismisses currency pressure
  Beijing: Premier Wen Jiabao has said Beijing would not give in to foreign demands for its currency to strengthen, taking an increasingly defiant tone

year 2005 Top ^

Jul.21 China scraps yuan peg to dollar
  China tied yuan's peg to a basket of currencies. The new rate versus the dollar revalues the currency by 2.1%
Jun.25 No to yuan revaluation  Beijing: Prime Minister Jiabao has said there is no hurry to revalue the country's currency May.17 Tensions rise over China currency
  Washington: The U.S. Treasury Department is saying China could be deemed a 'manipulative trade partner' if it does not revaluate


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