News > US

China won't use the yuan to 'aggressively' attack the US, even as trade tensions between the world's 2 largest economies rise, Morgan Stanley says

24 days ago   |   By Business Insider

Morgan Stanley does not think China will use its Yuan "aggressively" against the US even as trade tensions mount between both countries.
Morgan Stanley chief Asia economist Chetan Ahyda said: "China doesn't want its currency to be that volatile."
China devalued its currency in 2018 prompting the US to label it as a "currency manipulator."
On Wednesday, China threatened tit-for-tat sanctions for the US signing of the Hong Kong Autonomy Act, which in turn followed China's imposition of a new security law in Hong Kong.
Visit Business Insider's homepage for more stories .
As trade tensions...
Read more ...

 

China won't use the yuan to 'aggressively' attack the US, even as trade tensions between the world's 2 largest economies rise, Morgan Stanley says

24 days ago   |   By Business Insider

Morgan Stanley does not think China will use its Yuan "aggresively" against the US even as trade tensions mount between both countries.
Morgan Stanley chief Asia economist Chetan Ahyda said: "China doesn't want its currency to be that volatile."
China devalued its currency in 2018 prompting the US to label it as a "currency manipulator."
On Wednesday, China threatened tit-for-tat sanctions for the US signing of the Hong Kong Autonomy Act, which in turn followed China's imposition of a new security law in Hong Kong.
Visit Business Insider's homepage for more stories .
As trade tensions...
Read more ...

 


Search by Tags

   US      Security      Trade      Asia      Law      Business      Economy  


Boris Johnson plans to set new targets for police in a bid to improve...

Boris Johnson plans to set new targets for police in a bid to improve record-low rape prosecutions

Read more ...

Coronavirus latest news: Daily death count could be scrapped

Coronavirus latest news: Daily death count could be scrapped

Read more ...

World leaders pledge 250m Euros to rebuild Beirut but insist Lebanon must...

World leaders pledge 250m Euros to rebuild Beirut but insist Lebanon must commit to 'reforms'

Fifteen government leaders, including Donald Trump took part in a conference call hosted by French President Emmanuel Macron and the UN. Read more ...

BBC director-general Tony Hall apologises for news report's use of racist slur  

BBC director-general Tony Hall apologises for news report's use of racist slur  

Read more ...

Pelosi says Trump's new executive orders on coronavirus relief are...

Pelosi says Trump's new executive orders on coronavirus relief are 'unconstitutional slop'

House Speaker Nancy Pelosi criticized President Donald Trump's series of executive orders in various media appearances on Sunday. In an interview with CNN , Pelosi stated that... Read more ...

Giant swamp rats invade a Texas park causing concern for local water supply...

Giant swamp rats invade a Texas park causing concern for local water supply and human infections

Wildlife experts are troubled by the colony of swamp rats that has invaded Krauss Baker Park in Fort Worth, Texas. Read more ...

Georgia high school reports nine COVID-19 cases days after photos of packed...

Georgia high school reports nine COVID-19 cases days after photos of packed hallways go viral

North Paulding High School in Georgia confirmed nine new coronavirus cases among staff and students Saturday after viral pictures and videos of crowded hallways. Read more ...

Trump walked out of a press conference after a reporter challenged his...

Trump walked out of a press conference after a reporter challenged his repeated false claim that he signed Veterans Choice into law

Trump walked out of a New Jersey press conference after a reporter told him he was making a false claim. CBS News' Paula Reid challenged Trump's repeated assertion that his... Read more ...

Man in his 20s is shot and another is stabbed near Hyde Park on another...

Man in his 20s is shot and another is stabbed near Hyde Park on another night of bloodshed in London

One of the victims, a man in his 20s, is said to be in a serious but stable condition with a gunshot wound following the shooting in Upper Berkeley Street, near to Marble Arch... Read more ...

Coronavirus POLL: Should Brits be forced to have jab once developed? VOTE

Coronavirus POLL: Should Brits be forced to have jab once developed? VOTE

WORK is underway on producing a vaccine for the deadly coronavirus. But, a recent poll suggests that only half of Britons are "very likely" to get the jab, if it becomes... Read more ...