The State Administration of Foreign Exchange entrusts managers in four 'overseas offices' to diversify its reserves and maximise returns China held US$3.227 trillion of foreign exchange reserves at ...

The chief executive of European computer chipmaker STMicroelectronics on Wednesday announced new plans to partner with Chinese foundry Hua Hong , arguing that having local manufacturing in China ...

The People's Bank of China (PBOC) said it would tender central bank bills totalling 60 billion yuan (US$8.2 billion) in Hong Kong on Friday, marking the second time this year it has used the ...

Hua Hong Semiconductor Ltd., another key player ... a decade ago with an investable capital of approximately 100 billion yuan. Under Xi Jinping’s leadership, the fund and other initiatives ...

Hong Kong is expected to play a bigger role in the internationalisation of the yuan as liquidity increases and uses for businesses and individuals broaden significantly, according to officials and ...

The People’s Bank of China (PBOC) completed the tender of 60 billion yuan (US$8.2 billion) worth of central bank bills in Hong Kong on Friday, marking the second time this year it has used the ...