US designates China as currency manipulator

US designates China as currency manipulator

(VOVWORLD) - The United States government has determined that China is manipulating its currency and that the US will engage with the International Monetary Fund to eliminate unfair competition from Beijing,...
Dangerous turn in US-China trade war

Dangerous turn in US-China trade war

(VOVWORLD) - A range of economic retaliatory moves from the US and China on Monday has pushed the US-China trade war to a dangerous level. Recent moves show...
Unstable global securities market

Unstable global securities market

(VOVworld) – Instabilities in the Chinese securities market and escalating tension in the Middle East have affected the global stock market
Story behind yuan devaluation

Story behind yuan devaluation

(VOVworld)- The biggest 3-day devaluation of Chinese yuan since the establishment of the modern forex system in 1994 has shocked regional and global financial markets. The reasons behind...
China readjusts Yuan exchange rate

China readjusts Yuan exchange rate

(VOVworld) – China decreased its Yuan currency by 1.6 per cent on its rate against the US dollar on Wednesday, following Tuesday’s decrease of 1.9 per cent