The central parity rate of the Chinese currency renminbi, or the yuan, weakened 8 pips to 7.0014 against the U.S. dollar Wednesday, according to the China Foreign Exchange Trade System.
In China's spot foreign exchange market, the yuan is allowed to rise or fall by 2 percent from the central parity rate each trading day. The central parity rate of the yuan against the U.S. dollar is based on a weighted average of prices offered by market makers before the opening of the interbank market each business day.
Chinese yuan weakens to 7.0014 against USD Wednesday
Danish Prime Minister Mette Frederiksen said on Tuesday that her country will not negotiate over its sovereignty, responding to U.S. threats of tariffs over Greenland.
Frederiksen noted that Denmark has never sought any conflicts. However, Denmark is now being threatened by its closest ally, both in terms of Danish territory and Greenlandic self-determination, she told the parliament.
"We can negotiate anything, but we cannot negotiate our very fundamental values, sovereignty, the identity of our countries, our borders, our democracy," the prime minister said.
Regarding the tariffs the United States has threatened to impose, Frederiksen said a trade war would cost jobs on both sides of the Atlantic. "As much as we must warn against it, we must also prepare for it," she said.
During the question-and-answer session, several leaders of the Danish opposition parties agreed with the government's response measures during the "difficult period" and expressed support for its latest foreign policy and statements.
Greenlandic Prime Minister Jens-Frederik Nielsen said on Tuesday that U.S. President Donald Trump's post of an image suggesting U.S. control over Greenland is disrespectful.
Trump posted an image of himself placing the U.S. flag on the territory of Greenland on Tuesday on his social media platform Truth Social.
In the image, Trump is accompanied by U.S. Vice President JD Vance and Secretary of State Marco Rubio, with a sign nearby reading "GREENLAND - US TERRITORY EST. 2026."
Nielsen reiterated that Greenland must be prepared for all possibilities, as Trump has not ruled out the use of force.
According to a Danish media outlet, Denmark is planning to send up to 1,000 combat troops to Greenland this year, with the involvement of navy and air force expected.
It has been reported that Denmark has sent approximately 150 soldiers to Kangerlussuaq and a similar number to Nuuk, capital of Greenland.
Greenland, the world's largest island, is a self-governing territory within the Kingdom of Denmark, with Copenhagen retaining control over defense and foreign policy. The United States maintains a military base on the island. Since returning to office in 2025, Trump has repeatedly expressed a desire to "obtain" Greenland.
Danish PM draws line on sovereignty amid U.S. tariff threat over Greenland
