News

China’s Consumer Price Index (CPI) rose at an annual pace of 0.1% in June after declining 0.1% in May, the National Bureau of Statistics of China reported on Wednesday. The market consensus was for 0% ...
The pound was higher against the dollar on Tuesday morning, up 0.3% to $1.3638, after US president Donald Trump suggested he ...
China's yuan has strengthened 1.5% against the flagging dollar since April 2, when U.S. President Donald Trump announced ...
Chinese businesses and investors are primed for the yuan to stay steady for now and eventually depreciate as U.S. trade ...
Revolut has teamed up with Ant International to let users around the world send money to China in Chinese Yuan using Alipay.
The 618 festival is one of the biggest promotional periods of the year in China as Alibaba, JD.com and other major Chinese e-commerce platforms roll out discounts. This year, the festival's gross ...
China keeps key lending rates steady after May cut as trade deal with U.S. eases growth worries By Anniek Bao, CNBC • Published June 19, 2025 • Updated on June 19, 2025 at 11:25 pm ...
China kept its benchmark lending rates unchanged Friday, following sweeping monetary easing measures rolled out last month, and as a trade deal with the U.S. eases some growth concerns.
China expectedly kept its benchmark lending rates unchanged Friday. The People's Bank of China held the 1-year loan prime rate at 3.0% and 5-year LPR at 3.5%. Last month, Chinese authorities cut ...