• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

China's Largest Offshore Bond Sale Amid Yuan Pressure

user avatar

by Giorgi Kostiuk

3 months ago


The People's Bank of China recently announced a sale of Rmb60B ($8.2B) bonds in Hong Kong, marking the largest offshore bond sale since 2018. This aims to support the weakened yuan under Wall Street's pressure.

Offshore Bond Sale and Its Impact

The announcement from the People's Bank of China to sell offshore bonds is intended to absorb yuan liquidity. This move will increase costs for traders betting against the currency in markets outside China. Following Donald Trump's election victory and the threat of new tariffs, the yuan has fallen to over Rmb7.33 per dollar, the lowest level since September 2023.

Short-term Forecasts for the Yuan

Major financial institutions like JPMorgan, Barclays, and BNP Paribas predict a decline in the yuan to Rmb7.5 per dollar by the end of 2025. Nomura predicts the currency will reach Rmb7.6 by May, while Bank of America estimates it will reach Rmb7.4 by year's end.

Implications for Chinese Exports

The renminbi's devaluation would allow Chinese exporters to maintain competitiveness in the face of increased US tariffs. However, this could lead to allegations of currency manipulation from the United States.

The offshore bond sale and the yuan's depreciation are strategic moves by China to mitigate the economic impact of new US tariffs. Significant changes could occur in the coming months depending on further policy decisions.

0

Share

Other news

Crypto Market in Romania 2025: Culture, Regulation, and Trends

Exploring the development of the crypto industry in Romania in 2025: adoption, regulation, and key trends.

user avatarGiorgi Kostiuk

a few seconds ago

Ultra and NOIA Capital: $12M for Gaming Platform Expansion

Ultra secures $12M from NOIA Capital to enhance its blockchain gaming platform.

user avatarGiorgi Kostiuk

a few seconds ago

Market Analysis: Bitcoin Nears a Key Level

MakroVision assessed Bitcoin's price, indicating a potential trend change.

user avatarGiorgi Kostiuk

a few seconds ago

Story, EOS, and Litecoin: Market Analysis Amid Volatility

Impact of the global economy on Story, EOS, and Litecoin: trends and price forecasts.

user avatarGiorgi Kostiuk

a minute ago

XRP: Price Forecast and Key Levels to Watch

Current XRP market state and analysis of key levels and indicators affecting the price.

user avatarGiorgi Kostiuk

a minute ago

Trump's Tariffs Disrupt Crypto Market: Liquidation Consequences

Trump's tariffs led to nearly $500 million in liquidations within 24 hours, causing Bitcoin's value to plummet.

user avatarGiorgi Kostiuk

2 minutes ago

dapp expert logo
© 2020-2025. DappExpert. All rights reserved.
© 2020-2025. DappExpert. All rights reserved.

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.