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China Says Little on Yuan, So Traders Turn to AI for Insights

2 June 2026 at 00:00
It’s been a source of intrigue and confusion among currency traders for years. Just how does China decide each day where it’s going to set its fixing rate for the yuan — a reference point that determines its permitted trading range for the next session?

The People's Bank of China (PBOC) headquarters in Beijing, China, on Wednesday, June 18, 2025. PBOC Governor Pan Gongsheng laid out in the clearest terms yet his vision for the future of a new global currency order after decades of dollar dominance, predicting a more competitive system will take root in the years to come.

Strain-mediated grain-boundary reconstruction unlocks high near-room-temperature thermoelectric performance in Mg3Sb2-based alloys

Energy Environ. Sci., 2026, Advance Article
DOI: 10.1039/D6EE01515H, Paper
Open Access Open Access
Gang Wu, Airan Li, Harish Subramania, Xinzhi Wu, Longquan Wang, Jiankang Li, Fei Frank Yun, Takao Mori
Strain-mediated grain-boundary spectrum reconstruction coupled with in situ Cu–Ga-rich precipitation provides a distinct route to simultaneously improve near-room-temperature and mid-temperature thermoelectric performance in Mg3(Sb, Bi)2.
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