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China firmly opposes U.S. tariff hikes on Chinese goods

BEIJING, Sept. 14 (Xinhua) — China is strongly dissatisfied with and firmly opposes U.S. abuse of Section 301 to hike tariffs on some Chinese goods, the Ministry of Commerce said Saturday. The Office of the United States Trade Representative on…

Chinese yuan weakens to 7.1214 against USD Thursday

BEIJING, Sept. 12 (Xinhua) — The central parity rate of the Chinese currency renminbi, or the yuan, weakened 32 pips to 7.1214 against the U.S. dollar Thursday, according to the China Foreign Exchange Trade System. In China’s spot foreign exchange…

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