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yuan, China and dollar
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
Euro firms against dollar, yuan jumps on China's stimulus boost
The euro rose slightly against the dollar on Wednesday while the yuan hit its strongest level in over a year, as China's aggressive stimulus package provided the latest shot in the arm for risk appetite.
Dollar Slides as Chinese Stimulus Boosts the Yuan
The dollar was under pressure after the Chinese yuan rose to a 16-month high against the dollar after the government boosted stimulus measures. Also, Thursday’s rally in stocks curbed liquidity demand for the dollar.
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.
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, ...
21h
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 ...
13m
Pop Mart toys fuel 150% rally in bright spot for China consumer
Checking out the latest arrivals in a Pop Mart store near their apartment has become a weekend routine for 34-year-old ...
1d
on MSN
Stocks near flat, yuan dips as China stimulus lift fades
Global stock indexes were little changed on Wednesday after reaching record highs this week, while the dollar hit a 14-month ...
China Internet Information Center
45m
China's forex market reports transactions totaling 26.94 trillion yuan in August
BEIJING, Sept. 27 (Xinhua) -- China's foreign exchange market recorded transactions totaling 26.94 trillion yuan (3.78 trillion U.S. dollars) in August, official data showed on Friday.
The Globe and Mail
15h
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 ...
2d
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 ...
15h
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.
12h
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 ...
CoinDesk
2h
Bitcoin Prices Show Positive 30-Day Correlation With China's Central Bank Balance Sheet
The new inflow of cash could indirectly push up the price of bitcoin, particularly in the long term perspective,” one analyst ...
中国日报网
4h
China's intl trade in goods, services up 4% in August
The value of China's international trade in goods and services reached approximately 4.18 trillion yuan in August this year, ...
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