The People’s Bank of China’s official publication, Financial News, emphasized that the foundation for maintaining a “basically stable” yuan exchange rate remains strong. Published on Wednesday, the article highlighted that the foreign exchange market is operating steadily, with the yuan expected to stabilize and strengthen by the end of the year. This positive outlook underscores China’s continuous efforts to ensure stability in its financial markets amid global economic challenges.
At the same time, reports point to potential shifts in China’s currency policy. According to Reuters, China’s top leaders and policymakers are considering allowing the yuan to weaken in 2025. This strategic decision would help prepare for potential increases in U.S. trade tariffs if Donald Trump returns to the White House. These measures reflect China’s proactive approach to addressing future trade uncertainties while maintaining a stable yuan in the current economic climate.
