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The US-China trade war centers on the dollar/renminbi exchange rate, with China’s massive USD debt creating systemic risks.
China's e-commerce giant JD.com said on Friday it will launch a 200 billion yuan ($27.35 billion) fund to help the country's ...
China's financial sector should establish a full-spectrum service system that interconnects equity investment, loans, bonds ...
Among the 11 analysts polled by CNBC, the majority do not see the currency weakening significantly, but rather a gradual depreciation engineered by the PBoC.
China has pledged emergency humanitarian assistance of 1 billion yuan ($137 million) to earthquake-stricken Myanmar, its ...
BUENOS AIRES, Argentina (AP) — Argentina will be able to tap another $5 billion from China in a deal announced Thursday, ...
China has slowly been letting its currency, also called the yuan, depreciate in value. The People's Bank of China set its daily reference rate at the lowest level since Sept. 2023 and the offshore ...
By disrupting global trade and triggering recession risks, the United States' new tariff push may have an unintended result ...
What is the outlook of the USD/CNY exchange rate as the China and US trade war escalates? We explore the potential scenarios ...
“Expand the substitution range of digital RMB (renminbi) from M0 (cash) to M1 (cash plus demand deposit) or even M2 (cash plus all deposits) as soon as possible. Only by upgrading the substitution ...
Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. For a company that made its fortune dishing up answers, Google is surprisingly coy when the questions ...
Like many Asian peers, Singapore’s currency may also have been influenced by the path of China’s renminbi, which has been relatively stable and acts as a anchor of sorts in the region.