Beijing struggles to stabilize the yuan as Trump tariffs and a strong U.S. dollar intensify pressures on China’s economy, raising global concerns about financial and trade stability.
China’s inflation fell to 0.1% in December, highlighting weak demand. Producer prices dropped for the 27th month, raising concerns over deflation despite Beijing’s attempts to revive consumption.
Russia’s central bank reduced dollar and euro rates while increasing the yuan’s value, reflecting its pivot to Asia amid pressures on the ruble from global market trends.