The yuan has strengthened for two days in a row on some positive developments regarding a US-China trade deal. Photo: Reuters

Yuan in biggest weekly gain since January as Trump asks cabinet to draft possible China trade deal

  • But analysts believe Trump is merely attempting to influence US equities rally before the midterm elections on Tuesday
Topic |   Yuan

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The yuan has strengthened for two days in a row on some positive developments regarding a US-China trade deal. Photo: Reuters
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Karen Yeung

Karen Yeung

Karen Yeung joined the Post in 2017 after more than 15 years' experience on global newswires in Hong Kong and Shanghai. She spent eight years in Shanghai and has received awards for best feature, analysis and agenda-setting.