Embattled property developer Sunac China on Thursday said a private credit firm will invest 2.48 billion Chinese yuan ...
The Central Parity rate of the Chinese currency, Renminbi, or the Yuan, weakened 12 pips to 7.1708 against the dollar on ...
BEIJING -- Chinese financial authorities have unveiled a plan to detail measures for encouraging medium- and long-term funds ...
Cross-border renminbi settlement realized in Shanghai hit a record high of 29.8 trillion yuan ($4.1 trillion) in 2024, People ...
SINGAPORE (Reuters) - Financial markets are betting China will not use the yuan as a policy tool to offset expected U.S.
The renminbi is to be supported by China's largest sale of offshore bills. Wall Street is increasing its bets against the renminbi.
The USD/CNY exchange rate continued rising, reaching its highest level since September 2023. It rose to a high of 7.3315 this week and is nearing its 2007 high of 7.5 as concerns about trade wars and ...
The People’s Bank of China will issue central bank bills in Hong Kong next week, a tool that is typically used to stabilize the yuan’s exchange rate in the offshore market.
Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. China is to launch its largest sale of offshore bills in a move to support the renminbi, as Wall Street ...
The USD/CNY pair continued its strong surge this week. China’s economic numbers showed that the country was experiencing deflation. There are concerns about the upcoming trade war with the US ...