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China is also promoting a "refund-upon-purchase" service model, allowing eligible tourists to receive tax refunds instantly ...
Six companies secure exploration rights worth $270 million as China accelerates upstream investment diversification ...
SHANGHAI: The yuan fell against the dollar on Monday, following a bounce from a 2007 low last week, as broad weakness in the greenback was offset by uncertainties around US tariffs on China that ...
China issued 9.78 trillion yuan (1.36 trillion U.S. dollars) in new yuan-denominated loans in the first three months of 2025, central bank data showed on Sunday. At the end of March, outstanding ...
portfolio manager at North of South Capital LLP. That includes a stable yuan, perhaps even strengthened by repatriating capital from the US treasury market, he elaborated. On Friday, the PBoC also ...
China’s yuan closed at its weakest level in over 17 years on Wednesday, following a record-low drop in its offshore counterpart overnight, as tensions from the escalating U.S.-China trade war ...
China is guiding the yuan weaker at a carefully orchestrated pace, as the central bank seeks to blunt some of the economic impact of the trade war without destabilizing financial markets.
Beijing lowered the yuan’s daily reference rate only slightly on Wednesday, despite the offshore yuan hitting a record low overnight, signalling China’s determination to stabilise its currency ...
SINGAPORE/HONG KONG – China’s yuan dipped to a fresh 19-month low against the US dollar on April 8 after its offshore counterpart fell to a record low overnight, as investors fretted about an ...