News

CHINESE investors and trading companies boosted their use of the renminbi in international settlements to a record last month ...
HONG KONG] The cost to borrow the offshore renminbi in Hong Kong dropped to the lowest since data became available in 2013, ...
The central parity rate of the Chinese currency renminbi, or the yuan, strengthened 32 pips to 7.2066 against the U.S.
Our Hong Kong Foundation says short-to-medium-term impact of conflict on China’s currency will negatively affect mainland ...
Taking a leaf from Russia, China should make ‘unfriendly’ countries like the US use Chinese currency for trade transactions.
The area is endeavoring to build a hub connecting the Silk Road Economic Belt and the 21st Century Maritime Silk Road, while ...
U.S. President Donald Trump’s volatile economic policies have tanked the dollar and thrown its status as the world’s reserve ...
Despite facing a substantial external demand gap caused by US tariffs, keeping the renminbi exchange rate generally stable as ...
As economic uncertainty and geopolitical tensions reshape global finance, corporate CFOs and treasurers are turning to the ...
Freya Beamish, chief economist at TS Lombard, says market ructions and an eye to the midterms will spur the Trump ...
On Friday, the People’s Bank of China (PBOC) set the USD/CNY central rate for the trading session ahead at 7.2066 as compared ...
People's Bank of China (PBOC) Governor Pan Gongsheng said on Friday that all parties expressed concern about the negative impact of trade frictions. Pan added that economic fragmentation and trade ...