The renminbi is still on track for overall stability with two-way fluctuations against the US dollar in the months ahead, and ...
The renminbi is still on track for overall stability with two-way fluctuations against the US dollar in the months ahead, and ...
The central parity rate of the Chinese currency renminbi or the yuan weakened 174 pips to 70742 against the US dollar Thursday according to the ...
Analysts said Beijing was also likely to keep a tight grip on the currency through a US election that could drastically alter the dollar’s path, if voters back Donald Trump’s policies of high tariffs ...
The upbeat tempo at the 2024 Summit of the Forum on China-Africa Cooperation held in Beijing from Sept 4 to 6 was a sign that ...
BEIJING, Oct. 10 (Xinhua) -- The following are the central parity rates of the Chinese currency renminbi, or the yuan, against 25 major currencies announced on Thursday by the China Foreign Exchange ...
China faces many limitations to de-dollarization and just can't copy Russia's sanctions-proofing playbook.
Last month, the US Federal Reserve initiated its first monetary-easing cycle in more than four years. With a 50-basis-point cut, the Fed brought the federal funds rate down ...
China's finance ministry will hold a news conference on Saturday to detail plans on fiscal stimulus intended to lift a ...
The financial arm of the Chinese shipping giant first revealed its plans to raise up to CNY 8bn ($1.13bn) in March but has ...
Before the Golden Week break, China announced the most aggressive stimulus measures since the pandemic and the CSI300 gained ...
Chinese stocks tumbled more than 7 per cent on Wednesday, snapping a 10-day winning streak on investor fears that Beijing’s stimulus package will not be enough to revive growth in the world’s ...