The renminbi remained under pressure last week after the US imposed new tariffs on Chinese goods, risking a prolonged trade ...
The central parity rate of the Chinese currency renminbi, or the yuan, weakened 8 pips to 7.1707 against the U.S. dollar ...
Outstanding renminbi loans in the Hong Kong market reached 724 billion yuan ($99.32 billion) by the end of 2024, marking a 64 ...
US and EU Response: The stability in China’s currency could influence the stance of US and European trade policymakers. While ...
Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. China has kept the renminbi’s exchange rate with the dollar steady in its first official currency fix ...
Fixed and flexible exchange rates each have advantages, and a country has the right to choose the regime suited to its circumstances. Nevertheless, several arguments support the view that the de facto ...
China’s ambition to further internationalize the use of the renminbi has continued to make progress as the number of participants and the amount of the currency handled through its own payment and ...
Huawei's chairman said on Wednesday that the tech company's annual revenue exceeded 860 billion yuan ($118.27 billion) last ...
The Hong Kong Monetary Authority’s (HKMA) recently outlined plans to allow Bond Connect investors to repo their Chinese bond holdings in the offshore market signals progress towards opening the ...
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