# Trade Dispute Hits China’s Yuan, Investors

> China's yuan and stock markets attempted a modest recovery after a sharp sell-off, though investors faced heavy losses as the Sino-U.S. trade row deepened. The yuan was set for its biggest monthly fall since the 1994 exchange rate unification, and Chinese stocks were heading for their largest monthly slide since January 2016. Neither Washington nor Beijing showed signs of backing down on tariffs.

- Date: 2018-06-29 · published 2018-06-29T12:00:00.000Z
- Category: trade · region China · magnitude medium
- Page: https://feedsoft.ai/events/8536-trade-dispute-hits-china-s-yuan-investors
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Chinese Yuan (CNY per USD)](https://feedsoft.ai/c/USDCNY.md)

## Why it matters

An ongoing tariff standoff threatens US agricultural export flows to China, a key soybean and feed-ingredient buyer, and the weaker yuan raises the dollar cost of those imports. Capital outflow risks could further slow Chinese feed demand.

## Read by commodity

- SOY: bearish ▼
- USDCNY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2018-12-20 | [China Trade War Rattles Investors in New US Soy Processing Plants](https://feedsoft.ai/events/61650-china-trade-war-rattles-investors-in-new-us-soy-processing-plants.md) | -3.4% | +1.9% |
| SOY | 2019-08-30 | [As US Trade Dispute Lingers, China Gives Argentina Soy Meal a Second Look](https://feedsoft.ai/events/57426-as-us-trade-dispute-lingers-china-gives-argentina-soy-meal-a-second-look.md) | -1.3% | +3.1% |
| SOY | 2019-11-21 | [Yen Up, Yuan Dips As Trade Drama Erodes Investment Appetite](https://feedsoft.ai/events/56314-yen-up-yuan-dips-as-trade-drama-erodes-investment-appetite.md) | -2.5% | +2.2% |
| SOY | 2018-09-20 | [Inside China's strategy in the soybean trade war](https://feedsoft.ai/events/63015-inside-china-s-strategy-in-the-soybean-trade-war.md) | +2.4% | +6.7% |
| SOY | 2018-12-27 | [Inside China's strategy in the soybean trade war](https://feedsoft.ai/events/61593-inside-china-s-strategy-in-the-soybean-trade-war.md) | +3.5% | +6.4% |
| USDCNY | 2019-08-05 | [China lets yuan break key 7 level for first time in decade as trade war worsens](https://feedsoft.ai/events/5368-china-lets-yuan-break-key-7-level-for-first-time-in-decade-as-trade-war-worsens.md) | +1.8% | +3.1% |
| USDCNY | 2019-05-06 | [China stocks, yuan tumble on Trump's fresh tariff threats \| Reuters](https://feedsoft.ai/events/59287-china-stocks-yuan-tumble-on-trump-s-fresh-tariff-threats-reuters.md) | +1.3% | +2.5% |
| USDCNY | 2019-08-05 | [Yuan devaluation draws new battle lines in US-China trade war \| Trade War \| Al Jazeera](https://feedsoft.ai/events/5373-yuan-devaluation-draws-new-battle-lines-in-us-china-trade-war-trade-war-al.md) | +1.8% | +3.1% |

## Sources

- voanews.com: https://www.voanews.com/a/trade-dispute-china-yuan/4459777.html

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