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As low denomination coins begin to vanish in the West, one woman in China proves they're still worth their weight—one jiao at a time.
With the US dollar sagging, China's central bank has strengthened the midpoint rate for the country's currency in recent days China's central bank set the yuan's daily fixing against the US dollar at ...
New bank lending in China rose less than expected in May after hitting a nine-month low in April, as companies and consumers ...
China's central bank will inject cash via outright reverse repos for the second time this month, it said on Friday, aiming to ...
China’s economy maintained growth momentum in early 2025, with real GDP expanding by 5.4 percent year-on-year in the first quarter. Policy support helped boost consumption and spurred a pickup in home ...
While it is the world's largest producer of gold, China gold reserves lag behind other major countries, including the United ...
BEIJING/SINGAPORE (Reuters) -After Chinese banks reduced deposit rates last week, Miro Chen launched a social media poll: "When interest rates fall, do you save or spend?" More than 80% of some 5,000 ...
BEIJING (Reuters) - China's central bank governor said on Sunday a stable yuan currency has been key to global financial and economic stability and Beijing will continue to let the market play a ...
SHANGHAI (Reuters) - China's central bank suspended treasury bond purchases on Friday, briefly lifting yields and spurring speculation it is stepping up defence of the yuan currency which has been ...
China ramped ... to limit yuan depreciation this year, the relatively steady onshore yuan is expected to pull the offshore yuan back to near 7.3 level by year end.” The central bank had been ...
China's central bank has signed agreements with major brokers to borrow "hundreds of billions" of yuan worth of government bonds, a move analysts say is likely aimed at stabilizing plummeting long ...
The People’s Bank of China has started to borrow medium and long-term notes from lenders, state media said Friday, now holds “hundreds of billions” of yuan worth of bonds. Photo: Agence ...
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