The suspension came as US president Donald Trump removed the "de minimis" clause for tariff free goods worth below $800; the Hongkong Post has suspended deliveries seeking clarifications; meanwhile China is keeping ...
US tariffs may disrupt global trade flows and adversely affect Hong Kong's exports, according to the government; also the Hong Kong dollar could stay stronger for longer.
Intra-group cross-border transactions are netted monthly into Renminbi through netting settlement centres, across nine mainland entities. The solution, via HSBC, unlocks working capital, and is exposed to the ...
As the PBOC sticks to 7.2-level fixing rate, Donald Trump’s administration’s decisions on tariffs will have the largest impact on the currency in 2025.