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

Chinese Economy at Risk: Yuan's Drop Amid Trump's Threats

user avatar

by Giorgi Kostiuk

6 months ago


China's economic situation has become particularly challenging. Amid the weak yuan and political threats from Donald Trump, the country is seeking new approaches to stabilization.

Challenges of the Yuan and Trump's Policies

The Chinese yuan continues to decline, hitting 7.34 yuan per dollar, a level unseen in 16 months. This is connected to Donald Trump's economic policy, suggesting tariffs up to 200% on Chinese goods. China's central bank and stock exchanges attempt to stabilize the situation, however, the yuan flirts dangerously with its fluctuation limit. Incorrect actions could lead to massive capital flight.

Trump's threats of major tariffs on Chinese imports rattled the yuan and China's stock exchanges and central bank scrambled to defend the falling currency and stock markets.Reuters Business

China's Bet on Gold

China has increased its gold reserves by 330,000 ounces in December, aiming to diversify assets amid the strengthening US dollar. However, the gold strategy is not without risks, as its value may fluctuate based on market conditions.

Additional Economic Problems of China

China is facing a real estate crisis, deflation, and high youth unemployment. This is further compounded by US threats of new sanctions and massive tariffs on Chinese goods. Experts also predict a potential escalation with Taiwan.

China's economy is at a critical juncture. Strategic decisions to stabilize the yuan and increase gold reserves are made amidst US threats and internal economic challenges.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

Other news

SUI Price Forecast: Path to $3.89

chest

SUI continues to rise, breaking resistance levels. Potential movement towards $3.89 if the $3.08 level holds.

user avatarGiorgi Kostiuk

Volume of Losses from Fraud Schemes in the Crypto Industry Exceeds $2.1 Billion

chest

An analysis of current social engineering threats in the crypto industry leading to losses of $2.1 billion.

user avatarGiorgi Kostiuk

US Stock Market: Analyzing the Opening and Its Impact on Cryptocurrencies

chest

Mixed results in the US stock market opening reflect diverging investor sentiment. We analyze current trends.

user avatarGiorgi Kostiuk

Ethereum Surpasses $2800 Driven by Institutional Interest

chest

Ethereum gained 5.54% in 24 hours, surpassing $2800, indicating growing institutional interest and a bullish market sentiment.

user avatarGiorgi Kostiuk

Traders Open Short Positions on PUMP Totaling $9.2 Million

chest

Four major crypto traders opened $9.2 million in short positions on PUMP following the launch of preliminary trading.

user avatarGiorgi Kostiuk

Tesla Files for Autonomous Ride-Hailing Certification in Arizona

chest

Tesla aims to secure approval for its autonomous ride-hailing service in Arizona by the end of July. Read more about the company’s plans.

user avatarGiorgi Kostiuk
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.