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China, yuan
China’s yuan skips the stimulus party as state banks sell
SHANGHAI/BEIJING: China’s yuan has stayed steady through a week that saw authorities roll out massive stimulus
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.
Stocks rise as China adds to stimulus with more measures
China: Week's second stimulus shot boosts markets. The China stock rally returned as Beijing announced more measures to revive the world's second-largest economy, including cash h
China to inject $142 billion capital into top banks
China weighs injecting $142 bln of capital into top banks, Bloomberg News reports
China is considering injecting up to 1 trillion yuan ($142.39 billion) of capital into its biggest state banks to increase their capacity to support the struggling economy, Bloomberg News reported on Wednesday.
China Weighs Injecting $142 Billion of Capital Into Top Banks
China is considering injecting up to 1 trillion yuan ($142 billion) of capital into its biggest state banks to increase their capacity to support the struggling economy, according to people familiar with the matter.
China considers massive $142B (1 trillion yuan) bank capital infusion
China is on the verge of injecting nearly $142.4B (1 trillion yuan) to increase its biggest state bank’s capacity to support its nose-diving economy and slow markets. Sources confirmed that Beijing planned to issue new sovereign bonds to fund the largest Chinese government bailout since the 2008 global financial crisis.
19h
on MSN
It could soon get a lot harder for Russia to deal in Chinese yuan
Russian banks have nearly run out of their yuan stash, thanks to Chinese firms being more hesitant to do business with the ...
1d
China’s march to strong yuan is long and perilous
Chinese President Xi Jinping wants a strong yuan, not a superpower currency. Rather than replacing the dominant U.S. dollar, ...
The Globe and Mail
13h
China’s FX conundrum mutes stimulus optimism
It’s notable that the
yuan
’s rally this week has been accompanied by surging stocks and higher bond yields. In the long run ...
13h
Offshore Yuan Weakens Slightly After China’s Latest Monetary-Easing Measures
The offshore yuan weakened slightly against the U.S. dollar in the early morning Asian session after China’s latest monetary-easing measures.
2d
on MSN
Yuan boosted as China unleashes stimulus
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 ...
3m
Bitcoin Prices Show Positive 30-Day Correlation With China's Central Bank Balance Sheet
Bitcoin's price has been positively correlated with the size of the People's Bank of China's (PBOC) balance sheet over the ...
10h
Debt Supply Risk Looms for China Bonds on Fiscal Stimulus Plan
A flurry of news on China’s use of special sovereign debt to fund fresh stimulus highlights a growing risk to its record bond ...
中国日报网
2h
China's intl trade in goods, services up 4% in August
BEIJING -- The value of China's international trade in goods and services reached approximately 4.18 trillion yuan in August this year, marking an increase of 4 percent year on year, official data ...
1h
Sensodyne maker Haleon to raise stake in China JV
The joint venture, Tianjin TSKF Pharmaceutical Co (TSKF), accounted for about 40% of Haleon's revenues from China last year, ...
8h
China ramps up stimulus to prop struggling economy, announces more interest rate cuts
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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