Posts Tagged ‘yuan’

  • Forex Market Commentaries - New Chinese Currency Initiative

    A New Chinese Currency Initiative

    Apr 2, 12 • 8712 Views • Market Commentaries Comments Off on A New Chinese Currency Initiative

    In 2009, the People’s Bank of China used Shanghai to kick off a trial program to permit Chinese companies to settle cross-border trade in yuan—which has now expanded to include the rest of the country. Once again a new trial program will be launched...

  • Forex Market Commentaries - USA China Yuan Softball

    The USA Has No Option But To Play 'Soft-Ball' With China Over The Yuan

    Dec 28, 11 • 4295 Views • Market Commentaries Comments Off on The USA Has No Option But To Play 'Soft-Ball' With China Over The Yuan

    The “currency war” appears to be experiencing a truce for now, the USA admin. is using a far more conciliatory tone and employing improved diplomatic language when describing the value of the Yuan and the supposed harm it’s inflicting on the...