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AdvertisementYuanEconomyChina EconomyChina’s central bank sets onshore yuan fixing at strongest point in nearly 16 monthsAnalysts note how Beijing’s policy goals, such as internationalising China’s currency and curbing overcapacity, are aligning with a firmer exchange rate
Reading Time:2 minutesWhy you can trust SCMPSylvia MaPublished: 2:00pm, 13 Jan 2026China’s central bank strengthened the yuan’s daily fixing for a third consecutive session to a nearly 16-month high, as the currency also held firm in offshore markets despite recent US dollar strength.
On Tuesday, the People’s Bank of China set the yuan’s midpoint rate, also known as the daily fixing rate, at 7.0103 to the US dollar – the strongest showing since the end of September 2024, when the rate was set at 7.0074.
That official midpoint rate, however, was still weaker than that of the offshore yuan, which was trading at around 6.97 to the US dollar as of midday Tuesday – in line with broad market expectations that, while the PB..

AdvertisementTrending in ChinaPeople & CultureTrending in ChinaChina girl, 12, pens essay to thank ‘second dad’ for support, offers him US$140 after job lossYoungster says she was left ‘shivering in the wind’ after death of father; love from uncle saved her from the darkness
Reading Time:2 minutesWhy you can trust SCMPFran Luin BeijingPublished: 2:00pm, 13 Jan 2026A heartfelt essay by a 12-year-old girl to the uncle who adopted her after her father died has moved many people online.
The essay, titled “My Second Father”, went viral after her uncle, Wei Yi, read it on his social media account.
Wei, 33, and his wife, surnamed Lu, adopted Lu’s niece Jia Jia after her father died from liver cancer in 2024.
Jia Jia’s uncle, Wei Yi, above, could not hold back his tears while reading her essay. Photo: QQ.comJia Jia’s mother is disabled and could not look after her well. Lu’s mother, Jia Jia’s grandmother, was also not in good health, prompting the couple to make the decision.
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Tulsi Gabbard Remarks Fuel Viral X Tweet Claiming Russia Held Secrets About Hillary Clinton During Barack Obama Era A viral tweet shared on January 10, 2026 by X (formerly Twitter) user @Real_RobN reignited a stormy debate over US political history, alleging explosive intelligence claims about former President Barack Obama and former Secretary of State Hillary Clinton during the 2016 election. The post centered on a controversial clip featuring Director of National Intelligence Tulsi Gabbard, in which she discussed declassified reports and intelligence interpretations about what Russia knew but didn’t release ahead of that campaign.The tweet repeated assertions claiming that Obama “knew Hillary Clinton was mentally unfit for office” and withheld that information from the public, linking this to an original Intelligence Community Assessment (ICA). According to the viral post, Russia possessed “high-level DNC emails” concerning Clinton’s health and behaviour but chose not to release them..

Viral Post on X Alleges 590,000 Buyers Paid $499 for Trump Phone, $45 Temu Lookalike Found A fresh controversy is brewing on X (formerly Twitter) after a viral post by prominent pro-Ukraine commentator and meme account Bricktop_NAFO (@Bricktop_NAFO) alleged that hundreds of thousands of people paid for US President Donald Trump–branded mobile phones that have yet to materialise. The claim, shared on X, alleges that 590,000 buyers purchased the so-called “Trump Phone” priced at $499, with no confirmed deliveries so far.Bricktop tweeted, “590,000 idiots purchased Trumps Mobile phone that went on sale. Not a single person has received it. Trump started taking money in June 2025. With a price of $499, they claimed it would ship in August/September 2025 The same phone and spec was found on Temu for $45. (sic)” Orders taken months ago, shipping deadlines missed
According to the viral post, customers began placing orders in June 2025, after promotional material suggested the phone would ship ..