# Inflation-hit world cheers China’s falling yuan | Reuters

> Reuters reports that many countries are welcoming the falling Chinese yuan, which has lost more than 8% of its value against the dollar. The article notes that a weaker yuan makes imports of energy and food more expensive for Chinese consumers.

- Date: 2022-08-25 · published 2022-08-25T12:00:00.000Z
- Category: macro · region China · magnitude low
- Page: https://feedsoft.ai/events/40261-inflation-hit-world-cheers-china-s-falling-yuan-reuters
- Commodities: [Chinese Yuan (CNY per USD)](https://feedsoft.ai/c/USDCNY.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

A weaker yuan makes Chinese purchases of dollar-priced feed ingredients more expensive, which can curb import demand for US soybeans and meal and weigh on prices.

## Read by commodity

- SOY: bearish ▼
- USDCNY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| USDCNY | 2022-01-06 | [China's yuan eases on hawkish Fed, warning of depreciation pressure \| Reuters](https://feedsoft.ai/events/43356-china-s-yuan-eases-on-hawkish-fed-warning-of-depreciation-pressure-reuters.md) | -0.1% | -0.0% |
| USDCNY | 2018-07-30 | [China's falling yuan stokes currency tensions](https://feedsoft.ai/events/64267-china-s-falling-yuan-stokes-currency-tensions.md) | +0.3% | -0.1% |
| USDCNY | 2022-12-06 | [China's yuan slips, traders wary of reopening risks \| Reuters](https://feedsoft.ai/events/6574-china-s-yuan-slips-traders-wary-of-reopening-risks-reuters.md) | +0.2% | -1.1% |
| USDCNY | 2018-10-31 | [Why the Chinese yuan is falling](https://feedsoft.ai/events/62761-why-the-chinese-yuan-is-falling.md) | -0.7% | -0.4% |
| USDCNY | 2020-02-03 | [China's yuan weakens but falling yen points to risk recovery](https://feedsoft.ai/events/5135-china-s-yuan-weakens-but-falling-yen-points-to-risk-recovery.md) | +1.2% | +0.6% |
| SOY | 2022-03-16 | [Fed finally moves against inflation with rate hike \| Reuters](https://feedsoft.ai/events/42200-fed-finally-moves-against-inflation-with-rate-hike-reuters.md) | +2.3% | +0.7% |
| SOY | 2025-04-08 | [China's yuan hits 2023 lows on signs PBOC is tolerant of some weakness \| Reuters](https://feedsoft.ai/events/25349-china-s-yuan-hits-2023-lows-on-signs-pboc-is-tolerant-of-some-weakness-reuters.md) | +6.0% | +5.3% |
| SOY | 2024-10-29 | [How the US election could impact China's markets \| Reuters](https://feedsoft.ai/events/28073-how-the-us-election-could-impact-china-s-markets-reuters.md) | +1.4% | +1.2% |

## Sources

- reuters.com: https://www.reuters.com/breakingviews/inflation-hit-world-cheers-chinas-falling-yuan-2022-08-25/

---
Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.