China told its biggest banks to increase the use of the yuan in trade with foreign partners, raising the required ratio to 40 ...

With bilateral trade projected to hit USD160B in 2025, Indonesia’s Yuan-Rupiah pact with China for de-dollarisation and ...

Indonesia is weighing buying China's J-10 fighter jets, given their relatively cheaper price and advanced capability, as it ...

The two monetary authorities previously agreed on local currency swaps worth up to 400 billion yuan ($55 billion).

The signing of the four MoUs with China took place during Chinese Prime Minister Li Qiang's official visit to Indonesia.

Share the best of The Jakarta Post with friends ... play a decisive role in deciding the exchange rate. People's Bank of China Governor Pan Gongsheng told a conference in Saudi Arabia that ...

The Indonesian and Chinese governments signed four Memoranda of Understanding (MoUs) on economic cooperation, witnessed ...

Bank Indonesia Governor Perry Warjiyo and PBOC Governor Pan Gongsheng signed an MoU on May 25, 2025, at Merdeka Palace.

Hong Kong stocks rose more than one percent, while Shanghai, Tokyo, Sydney, Singapore, Taipei, Bangkok, Wellington and Jakarta were all up ... The gains came as China's central bank cut two key ...

The CEOs of JPMorgan and Bank of America are resisting a demand by US lawmakers to withdraw from underwriting this week’s $4 billion IPO for a China-based Hong Kong electric car battery company ...

Bank of China (BOC) did not immediately reply to a request for comment. Liu could not be immediately reached for comment. Liu, born in 1967, was named as president of the bank in April 2021.

The country’s central bank also freed commercial banks to lend more money in a package of moves aimed at rekindling growth in a stagnant economy. By Keith Bradsher Reporting from Beijing China ...