The People's Bank of China (PBoC) maintained a broadly stable yuan throughout President Xi Jinping's recent visit to the United States. Despite high expectations, no new tariff reductions or AI-focused dialogue mechanisms were established during the talks.
According to FX Street, Societe Generale noted that the impact of President Xi’s visit on markets was limited. The existing trade truce between the US and China was extended only until January, leaving longer-term trade tensions unresolved.
For Japanese investors, the stability of the yuan amid ongoing trade uncertainty underscores the cautious approach in regional currency markets, which could influence FX strategies and equity valuations linked to China exposure.