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Topic

Lunar New Year holiday

China reports small uptick in new COVID-19 cases

China reports small uptick in new COVID-19 cases

Published 04 Feb, 2021 11:59am
  • The number of travellers during the period, when hundreds of millions typically return home for family visits or go sightseeing, is expected to be down sharply this year amid heightened precautions.
China's yuan strengthens on pre-holiday demand even as dollar firms

China's yuan strengthens on pre-holiday demand even as dollar firms

Published 12 Jan, 2021 12:36pm
  • Ming Ming, an analyst at CITIC Securities, said if the rise in US rates on the fiscal boost expectations is accompanied by a global rebound, the spread between Chinese and US rates is more likely to remain wide, which should support the yuan.
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