中国's yuan 弱めるs after 調印するs of 安定 静める markets
BEIJING (AP) - 中国's 通貨 弱めるd again Wednesday after hopes の中で 財政上の 仲買人s that its 拒絶する／低下する was 安定させるing helped to 静める jittery 全世界の markets.
The yuan 辛勝する／優位d 負かす／撃墜する to 7.0488 to the U.S. dollar, about 0.4% below its level late Tuesday. The 通貨 強化するd わずかに to 7.0443 to the dollar in the afternoon but still was below the previous day's level.
財政上の markets 宙返り／暴落するd after Beijing 許すd the yuan to 落ちる Monday to an 11-year low against the dollar, breaking through the 政治上 極度の慎重さを要する level of seven to the U.S. 通貨. Washington 答える／応じるd by 宣言するing 公式に that 中国 improperly manipulates its 交流 率, 開始 the way for possible 許可／制裁s.
On Tuesday, central bank 公式の／役人s told foreign companies "the yuan will not continue to depreciate はっきりと in the 未来," the bank 圧力（をかける） office said in a 声明. It gave no 詳細（に述べる）s but said "two-way fluctuation" of the 通貨 "will become the norm in the 未来."
緊張 over 通貨 追加するs to a sprawling U.S.-Chinese fight over Beijing's 貿易（する） 黒字／過剰 and 科学（工学）技術 政策s that companies and 投資家s worry will 冷気／寒がらせる 全世界の growth.
The yuan's moves over the past week are small compared with fluctuations of the euro and other major 通貨s. But Washington complains the yuan is too weak, making 中国's 輸出（する） prices 不公平に low and swelling its 貿易（する） 黒字／過剰. That makes any 拒絶する／低下する 政治上 volatile.
In this Tuesday, Aug. 6, 2019, photo, a man walks by a money 交流 shop decorated with Chinese yuan banknotes and other countries 通貨 banknotes at Central, a 商売／仕事 地区 in Hong Kong. 中国's yuan has 弱めるd again after 調印するs its 拒絶する／低下する was 安定させるing helped to 安心させる 財政上の markets. (AP Photo/肉親，親類 Cheung)
The People's Bank of 中国 始める，決めるs the yuan's 交流 率 each morning and 許すs it to rise or 落ちる 2% during the day. It can 介入する and buy or sell 通貨 - order Chinese 商業の banks to do so - to guide the 交流 率.
The bank lowered the 開始 level for 貿易（する）ing Tuesday, but 仲買人s were encouraged when it was わずかに higher than they 推定する／予想するd. That, 加える a central bank 声明 late Monday 約束ing to keep the 通貨 stable, helped to 安定させる 財政上の markets.
On Wednesday, the central bank lowered the starting point for 貿易（する）ing again, setting it at 6.9996 to the dollar, almost 0.5% below Tuesday's starting level. That would 許す the yuan to slide to below 7.1 to the dollar while staying within the 貿易（する）ing 禁止（する）d.
公式の／役人s told companies the slide will stop, "but they 港／避難所't seen that today," said Chris Weston of Pepperstone in a 報告（する）／憶測. "This is again 証明するing central to moves across markets in Asi a."
株式市場 （判断の）基準s in Tokyo and Shanghai の近くにd 負かす／撃墜する 0.3%. ソウル lost 0.4%.
The Chinese central bank showed it can "steer 全世界の markets" and "quickly 弱める" the yuan if needed to 相殺する U.S. 関税 引き上げ（る）s, Stephen Innes of Oanda said in a 報告（する）／憶測.
"This is about 中国 証明するing a point," Innes said. "They have a brawny 道具 at their 処分."
大統領 Donald Trump's 刑罰の 関税s on Chinese 製品s have 追加するd to downward 圧力 on the yuan by 誘発するing 関心 about a 減産／沈滞 in the world's second-biggest economy.
Last week, Trump stepped up their fight by 脅すing to 引き上げ（る） 関税s on an 付加 $300 billion of Chinese goods, 効果的な Sept. 1.
That （機の）カム after the 最新の 一連の会議、交渉／完成する of 会談 目的（とする）d at ending the 関税 war 結論するd in Shanghai with no 調印する of a 取引，協定. 交渉者s are 予定 to 会合，会う again in September in Washington.
経済学者s say if the Sept. 1 関税 引き上げ（る） goes ahead, the dent in Chinese 輸出（する）s and 経済成長 could 弱める the yuan to as low as 7.2 to the dollar.
A 女性 yuan might lead to an outflow of 資本／首都, raising borrowing costs at a time when Chinese leaders are trying to shore up 冷静な／正味のing 経済成長. That would 追加する to downward 圧力 on the 交流 率.
On Wednesday, the 最新の central bank data on 中国's 外貨準備高 示唆するd regulators did little buying or selling in July to manage the 交流 率. The reserves 拒絶する／低下するd by a small 利ざや of $15.5 billion in July to just over $3.1 一兆.
Since then, however, "資本／首都 outflows have almost certainly 選ぶd up," said Julian Evans-Pritchard and ツバメ Lynge Rasmussen of 資本／首都 経済的なs in a 報告（する）／憶測. "There are 調印するs that this has already encouraged the PBOC to step-up 介入 to manage the pace of 価値低下."
