The China renminbi held steady against the US dollar after the country published the latest GDP, industrial production, and ...
The renminbi is still on track for overall stability with two-way fluctuations against the US dollar in the months ahead, and ...
China’s economy is being rocked by enormous headwinds – excess leverage, local government debt, housing sector woes, ...
Analysts said Beijing was also likely to keep a tight grip on the currency through a US election that could drastically alter the dollar’s path, if voters back Donald Trump’s policies of high tariffs ...
The central parity rate of the Chinese currency renminbi or the yuan weakened 54 pips to 71274 against the US dollar Friday according to the Chi ...
In support of renminbi internationalization, Beijing announced plans to develop Shanghai as a global financial center and established offshore yuan trading hubs in Hong Kong, Singapore and London.
to local P2P exchanges on virtual currency platforms for Renminbi conversion, The same funds were later withdrawn in traditional currency in different cities across the country under false usages ...
Asian Infrastructure Investment Bank will provide guarantees and support for developing nations’ ‘panda bonds’ ...
China has entered into more than 30 bilateral currency swap agreements since December 2008. As of May 15, 2015, the total value of effective currency swap agreements was RMB 2.9 trillion (US$ 468 ...