Reuters Morning Bid

Week ahead: Yuan to watch

Published: May 10, 2026

Duration: 7:19

Presidents Trump and Xi are set to meet in Beijing with a packed agenda: the Iran war and its energy implications, trade and tariffs, and a deepening tech rivalry that includes a reported Beijing order for Meta to unwind its investment in Chinese AI startup Manas. Meanwhile, the offshore yuan has hit its highest level in three years ahead of the summit, fueling speculation about exchange rate discussions.

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