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NIKKEI 225
23,639.46+72.42(+0.31%)HANG SENG
24,754.42+184.88(+0.75%)CRUDE OIL
39.98-0.05(-0.12%)
USD/CNY (CNY=X)
CCY - CCY Delayed price. Currency in CNY
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6.6509-0.0245 (-0.3670%)
As of 10:53PM BST. Market open.
| Previous close | 6.675 |
| Open | 6.675 |
| Bid | 6.651 |
| Day's range | 6.64 - 6.675 |
| 52-week range | 6.6402 - 7.1769 |
| Ask | 6.651 |
- Reuters
In China, fears of financial Iron Curtain as U.S. tensions rise
A sharp escalation in tensions with the United States has stoked fears in China of a deepening financial war that could result in it being shut out of the global dollar system - a devastating prospect once considered far-fetched but now not impossible. Chinese officials and economists have in recent months been unusually public in discussing worst-case scenarios under which China is blocked from dollar settlements, or Washington freezes or confiscates a portion of China's huge U.S. debt holdings.
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