Chinese yuan surged to a 16-month high
China's yuan surges to 16-month peak on new stimulus measures
China's yuan hit a 16-month high against the U.S. dollar on Tuesday, after the central bank of the world's second-largest economy revealed new stimulus measures, while the greenback extended declines against other major currencies after soft data on the consumer.
Russian banks have nearly run out of their yuan stash, thanks to Chinese firms being more hesitant to do business with the ...
Chinese President Xi Jinping wants a strong yuan, not a superpower currency. Rather than replacing the dominant U.S. dollar, ...
China's central bank has today lowered interest rates and injected liquidity into the banking system as Beijing assembled a ...
A flurry of news on China’s use of special sovereign debt to fund fresh stimulus highlights a growing risk to its record bond ...
Global stock indexes were little changed on Wednesday after reaching record highs this week, while the dollar hit a 14-month ...
China’s industrial profits plunged by 17.8% in August from a year ago, the National Bureau of Statistics said Friday.
China’s push to bolster its stock markets has stirred optimism, but begs the question of whether investors will take the bait ...
Bundles of wheatgrass US rapper Kanye West stood on during his concert in China have gone on sale online for 300 yuan (US$43) ...
Driven by the recovery of offline consumption, cost-cutting measures in businesses, and the emergence of new technological concepts, China's media industry experienced positive growth in 2023 with a ...
China plans to issue special sovereign bonds worth about 2 trillion yuan ($284.43 billion) this year as part of fresh fiscal ...
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