# PBOC-backed newspaper warns of yuan depreciation pressure in 2022 | Reuters

> The Financial News, a newspaper co-founded by the People's Bank of China, warned in a commentary that shrinking yield advantages, a stronger dollar, a narrowing trade surplus and global uncertainty could push the yuan lower in 2022. The piece is an opinion commentary rather than a policy action.

- Date: 2022-01-05 · published 2022-01-05T12:00:00.000Z
- Category: macro · region China · magnitude low
- Page: https://feedsoft.ai/events/43357-pboc-backed-newspaper-warns-of-yuan-depreciation-pressure-in-2022-reuters
- Commodities: [Chinese Yuan (CNY per USD)](https://feedsoft.ai/c/USDCNY.md)

## Why it matters

Expected yuan weakness raises the dollar cost of Chinese imports of feed ingredients, a modest negative for demand and for US export prices if sustained.

## Read by commodity

- 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 | 2024-03-27 | [As yuan skids, markets bet more depreciation is in store \| Reuters](https://feedsoft.ai/events/31440-as-yuan-skids-markets-bet-more-depreciation-is-in-store-reuters.md) | +0.2% | +0.4% |
| USDCNY | 2025-01-01 | [Yuan pressured by depreciation expectations; long-term yields fall to record lows](https://feedsoft.ai/events/27165-yuan-pressured-by-depreciation-expectations-long-term-yields-fall-to-record-lows.md) | +0.4% | -0.8% |
| USDCNY | 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) | +0.1% | -0.5% |
| USDCNY | 2017-02-26 | [China's yuan falls, but fears of US trade war may cap depreciation - The Business Times](https://feedsoft.ai/events/72719-china-s-yuan-falls-but-fears-of-us-trade-war-may-cap-depreciation-the-business.md) | +0.5% | +0.2% |

## Sources

- reuters.com: https://www.reuters.com/markets/currencies/pboc-backed-newspaper-warns-yuan-depreciation-pressure-2022-2022-01-05/

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