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The custodians of trillions of dollars of global central bank reserves are eyeing a move away from the greenback into gold, ...
Pan Gongsheng, governor of the People’s Bank of China, called for an international monetary system in which “sovereign ...
From expanding investment channels to building digital infrastructure, Beijing has been laying the groundwork to promote ...
New bank lending in China rose less than expected in May after hitting a nine-month low in April, as companies and consumers ...
Analysts say subsidy halts in several provinces signal the national trade-in scheme’s popularity, but warn sustaining ...
China’s central bank chief has called for a shift from dollar dominance toward a multi-currency system led in part by the ...
SHANGHAI/BEIJING (Reuters) -The head of China's central bank pledged to expand the international use of the digital yuan and called for the development of a multi-polar global currency system ...
On Friday, the People’s Bank of China set the yuan’s midpoint rate – also known as the daily fixing rate – at 7.1772 per US dollar, its strongest showing since late March.
BEIJING: China is confident and capable of minimizing the uncertainties and adverse impacts of external shocks, promoting ...
China faces a currency trilemma. Should its policy be for the renminbi to strengthen, depreciate or stabilise? There are ...
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