BYD's net profit rose 100% to $1.3 billion for the first quarter, while Tesla's slumped more than 70% in the same period.

Dollar index plunged to below 100 ... in China as the Caixin Manufacturing PMI came in at 47.8 versus an expectation of 48.2. Chinese equity markets continue to fall even though the Yuan ...

The decision comes amid encouraging first quarter growth figures, with GDP recording a 5.4% rise year-on-year.

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Information provided on Forbes Advisor is for educational purposes only. Your financial situation is unique and the products and services we review may not be right for your circumstances.

China expectedly kept its loan prime rates unchanged Monday, as strong macro data allows its central bank room to focus on stabilizing the yuan amid trade tensions with the U.S. The People's Bank ...

The brokerage expects the yuan to trade around 7.3 per dollar in the near term as China’s central bank continues efforts to steady the currency.

SHANGHAI, April 21 (Reuters) - China's central bank said on Monday it was encouraging state-owned enterprises to prioritise yuan usage in payment and settlement in their overseas expansion ...