Monitoring how the People’s Bank of China handles its “managed float” system for the foreign-exchange market isn’t easy. The ...
China expanded its support for the beleaguered yuan with a plan to issue a record amount of bills in the Hong Kong market to ...
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The onshore yuan weakened past a level that China had been defending since late last year, opening up room for the managed ...
In August of that chaotic year for Asia’s biggest economy, President Xi Jinping’s team announced a nearly 3% downshift in the ...
The People's Bank of China will issue central bank bills worth 60 billion yuan ($8.18 billion) in Hong Kong on Jan 15, which ...
An exchange rate of 7.6 to the US dollar by the end of 2025 could be on the cards, analysts say, as Donald Trump’s impending ...
China’s yuan hit a 14-month nadir on the first trading day of 2025, but it quickly bounced from lows of 7.31 per dollar, ...
Sentiment remains fragile in China and Hong Kong stock market even China services activities have improved in December. Click ...
China added more home appliances to the list of products that can be used in its consumer trade-in scheme and will offer ...
China's Ministry of Commerce (MOFCOM) said on Thursday that Regional Comprehensive Economic Partnership (RCEP) has bolstered ...
China has expanded the scope of a consumer goods trade-in scheme and will give more subsidies for digital purchases this year ...