# China's yuan inches higher after Sino-US talks - Markets - Business Recorder

> China's yuan edged higher against the dollar on Tuesday after a video call between Vice Premier Liu He and US Treasury Secretary Janet Yellen raised hopes of easing trade tensions. Traders speculated that tariff cuts could follow.

- Date: 2021-10-26 · published 2021-10-26T12:00:00.000Z
- Category: trade · region China · magnitude low
- Page: https://feedsoft.ai/events/44775-china-s-yuan-inches-higher-after-sino-us-talks-markets-business-recorder
- Commodities: [Chinese Yuan (CNY per USD)](https://feedsoft.ai/c/USDCNY.md)

## Why it matters

Possible US tariff reductions on Chinese goods would ease trade friction and could support Chinese demand for US farm products, though the yuan move itself was minor.

## Read by commodity

- USDCNY: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| USDCNY | 2020-06-19 | [Yuan firms on report China will speed up US farm purchases - Markets - Business Recorder](https://feedsoft.ai/events/52828-yuan-firms-on-report-china-will-speed-up-us-farm-purchases-markets-business.md) | -0.1% | -1.4% |
| USDCNY | 2020-06-01 | [Yuan ends domestic session at 1-1/2 week high despite China-US tensions - Business & Finance - Business Recorder](https://feedsoft.ai/events/52832-yuan-ends-domestic-session-at-1-1-2-week-high-despite-china-us-tensions.md) | -0.8% | -0.8% |
| USDCNY | 2020-06-02 | [Yuan ends near 2-week high, PBOC's plan to buy bank loans nudges forwards up - Business & Finance - Business Recorder](https://feedsoft.ai/events/52829-yuan-ends-near-2-week-high-pboc-s-plan-to-buy-bank-loans-nudges-forwards-up.md) | -0.8% | -0.7% |
| USDCNY | 2025-10-30 | [China's yuan retreats from one-year high after Trump-Xi meeting — TradingView News](https://feedsoft.ai/events/22622-china-s-yuan-retreats-from-one-year-high-after-trump-xi-meeting-tradingview-news.md) | +0.4% | -0.3% |
| USDCNY | 2020-02-05 | [Yuan jumps to 2-week high as Beijing cuts tariffs on some US goods - The Business Times](https://feedsoft.ai/events/5136-yuan-jumps-to-2-week-high-as-beijing-cuts-tariffs-on-some-us-goods-the-business.md) | -0.5% | -1.1% |

## Sources

- brecorder.com: https://www.brecorder.com/news/40129120

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