News

China's Ministry of Finance announced a restriction on government purchases of European Union medical devices worth more than ...
The spot yuan opened at 7.1641 per dollar and was last trading at 7.1715 as of 0312 GMT, 62 pips lower than Friday’s late ...
Traders are betting that the yuan, the Australian dollar and the South Korean won will strengthen versus the US dollar.
From expanding investment channels to building digital infrastructure, Beijing has been laying the groundwork to promote ...
China's tech giants JD.com and Alibaba affiliate Ant Group are urging the central bank to authorise yuan-based stablecoins to ...
Market optimism for the Chinese currency continues to rise, with analysts projecting the yuan to appreciate further against ...
China lifted its official yuan midpoint to its strongest since November on Tuesday, but pressured its value versus its major ...
China's top auditor found that local governments have misappropriated tens of billions of yuan of state-run basic pension funds for various purposes, including debt repayment, as they face mounting ...
China is pursuing a strategy of selective RMB integration – eschewing full capital account liberalization and avoiding a ...
Alibaba and JD.com urge central bank approval for yuan-based stablecoins to counter US dollar dominance in $247B global ...
China is under increasing pressure from prominent economists and policy advisers to explore using stablecoins for ...
JD.com and Ant Group are urging the PBOC to greenlight a yuan stablecoin to challenge the dominance of the US dollar in ...