The economy suggests a weaker yuan. But the prospect of capital flight makes Beijing wary of allowing any sudden depreciation ...
Helped by digital yuan and advancements in financial tech, more yuan-backed transactions are taking place in crude settlement ...
The People’s Bank of China emphasized its goal to keep the yuan stable, as the currency hovers near a record low in offshore ...
China stepped up its policy measures on Monday to defend a weakening yuan by relaxing rules to allow more offshore borrowing ...
China's economy likely rebounded in the fourth quarter as several rounds of policy stimulus kicked in, enabling the ...
A weaker yuan against the dollar may only give China’s exports a modest boost and Beijing will push to moderate the ...
BEIJING -- China has allocated 6.66 billion yuan (about $926.5 million) of funds to support rural revitalization in areas ...
China's Yuan Yue put up a determined fight but was eliminated in the first round of the Australian Open on Monday. Yuan ...
BEIJING -- China's yuan-denominated loans rose by 18.09 trillion yuan ($2.52 trillion) in 2024, central bank data showed on ...
China’s increasing determination to defend its currency against a strong dollar has worsened a liquidity squeeze in the ...
The PBOC and the HKMA have a currency swap arrangement for a total 800 billion yuan. Under the new facility, banks can ...