News

China's central bank has injected 700 billion yuan ($97 billion) into its banking system during May through an outright ...
China’s central bank asked its major lenders to raise the share of yuan when facilitating cross-border trade, in its latest ...
The dollar’s extended slide has prompted China’s central bank to change tack in managing its currency, as it pivots from ...
China has assured Pakistan of relending USD 3.7 billion in commercial loans, denominated in Chinese currency, before the end ...
SHANGHAI: China’s yuan slipped against the dollar on Tuesday, as the central bank set a slightly weaker-than-expected ...
The People’s Bank of China fixed the yuan’s daily reference rate at a slightly ... compared with as much as 4.5% in January when the PBOC offered extra bills to squeeze yuan short sellers.
Chinese banks have cut deposit interest rates once again, with benchmark rates for short- and medium-term fixed deposits now ...
China told its biggest banks to increase the use of the yuan in trade with foreign partners, raising the required ratio to 40 ...
Not big moves, but symbolic ones as U.S. President Donald Trump’s trade war takes an increasing toll on Chinese confidence.
High debt may not be an obstacle to President Xi Jinping boosting spending in the world’s second-largest economy. Officials ...
China's central bank announced steps in recent ... In April, Argentina renewed a $5 billion (166.6 billion baht) portion of a yuan swap line, and Pakistan is lobbying to expand its own yuan ...
In April, PBoC-controlled financial services firm China UnionPay strengthened its payment network in Vietnam and Cambodia, while the central bank announced steps to promote cross-border yuan ...