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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 ...
SHANGHAI: China’s yuan slipped against the dollar on Tuesday, as the central bank set a slightly weaker-than-expected ...
China has assured Pakistan of relending USD 3.7 billion in commercial loans, denominated in Chinese currency, before the end ...
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.
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Cryptopolitan on MSNChina orders top banks to raise yuan share in cross-border trade amid tariff tensionChina 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.
China's economic policy focus is currently on boosting consumption, with the service sector being a key area for consumption ...
The People’s Bank of China trimmed the 1-year loan prime rate to 3.0% from 3.1%, and the 5-year LPR to 3.5% from 3.6%.
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