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CSI 300 blue-chip stock index also trades weakly, hitting its lowest point since September

China’s currency hit a 16-month low on Monday, despite efforts by the central bank and stock exchanges to soothe investor worries about impending US tariffs under a Donald Trump presidency.

The tightly controlled yuan reached 7.3301 per US dollar, its weakest level since September 2023. It has routinely hit multi-month lows since Trump won the US election, promising massive tariffs on Chinese imports.

Sentiment

-0.11

Bearish/Bullish

07.01.25 07:47

by theguardian.com

Why did Mark Zuckerberg end Facebook and Instagram’s factchecking program?

The social media giant enters a more partisan political era as its CEO pursues Donald Trump’s approval

Meta is shifting to the right, following the prevailing political winds blowing through the United States. A more partisan era now looms for the social media giant and its corporate leaders, though Mark Zuckerberg himself has few personal politics other than ambition.

On Tuesday morning, Meta disbanded Facebook and Instagram’s third-party factchecking program. The company will also recommend more political content across its social networks.

United States of America