China Scrambles to Bolster the Yuan and Sliding Markets

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China Scrambles to Bolster the Yuan and Sliding Markets - Asia Financial

Quick Summary:

Trump's tariff threats have rattled the yuan, driven mainland bond yields down and got stocks off to a bad start to 2025

The post China Scrambles to Bolster the Yuan and Sliding Markets appeared first on Asia Financial.

Reuters said three sources revealed that at least four large mutual funds received calls from the Shanghai and Shenzhen stock exchanges on December 31 and January 2 and 3, asking them to buy more stocks than they sold each day.