News

By Kevin Yao and Ellen Zhang BEIJING (Reuters) -Chinese banks extended 2.24 trillion yuan ($312 billion) in new loans in June ...
Prior to the market opening, the People’s Bank of China (PBOC) set the midpoint rate at 7.1461 per dollar, its strongest ...
A growing list of African nations have made deals to explore or implement use of the Chinese currency for trade and financial ...
June lending soared past forecasts--but under the surface, weak demand and housing pain are still dragging things down.
When China’s central bank governor laid out his vision for a more multipolar monetary system last month, he signaled ...
Chinese state bank have been consistently accumulating foreign assets.  The direction of pressure on China's currency has changed; without backdoor intervention it would now be getting stronger.
VCG. China's Ministry of Finance (MOF) on Wednesday issued 6 billion yuan ($836.5 million) of government bonds in the Macao ...
Chinese traders are pulling back from the dollar, helping ease a shortage that has rattled the banking system and setting the ...
Imagine opening your digital wallet not to see a bank card or a third-party app like Alipay, but official government-issued ...
Chinese businesses and investors are primed for the yuan to stay steady for now and eventually depreciate as U.S. trade ...
BEIJING (Reuters) -China's yuan-denominated exports rose 7.2% year-on-year in June, while imports grew 2.3%, customs data ...