China’s renminbi is lagging the currencies of key trading partners, making Chinese goods and services cheap and helping to ...
Chinese banks extended 390 billion yuan ($55 billion) in new loans in November, up from 220 billion yuan in October but ...
Goldman Sachs Group Inc. says the yuan is 25% undervalued and will appreciate more than forwards contracts are pricing for ...
China should increase imports and settle them in the yuan to balance its foreign trade, a move a former central bank adviser ...
SHANGHAI, Dec 8 (Reuters) - China's yuan firmed on Monday, supported by stronger-than-expected exports and signs of easing ...
SHANGHAI: China's yuan inched higher to a fresh 14-month high against a broadly weaker dollar on Friday, but the central bank ...
For years, Chinese crypto investors have relied on USDT and other dollar-pegged stablecoins as a safe harbor from market ...
China is devising more ways for foreign institutions to use the yuan, as international confidence in the U.S. dollar falters. The moves aim at challenging the greenback, experts said, even as the U.S.
China's major state-owned banks bought dollars in the onshore spot market this week and held on to them in an unusually ...
BEIJING (Reuters) -Chinese banks extended 2.24 trillion yuan ($312 billion) in new loans in June, more than triple May's total, and beating analysts' forecasts, helped by stimulus measures and a trade ...
On 2 April 2025, China issued its first sovereign green bond denominated in Chinese renminbi (RMB). The issuance raised 6 billion RMB (US$824 million), an historic milestone that sends important ...