Russian banks have nearly run out of their yuan stash, thanks to Chinese firms being more hesitant to do business with the ...
Chinese President Xi Jinping wants a strong yuan, not a superpower currency. Rather than replacing the dominant U.S. dollar, ...
China's yuan surged to its strongest level in over 16 months on Wednesday as investors reacted to a series of stimulus ...
China’s push to bolster its stock markets has stirred optimism, but begs the question of whether investors will take the bait ...
China's yuan hit a 16-month high against the U.S. dollar on Tuesday, after the central bank of the world's second-largest ...
Since taking the helm in July 2023, People’s Bank of China Gov. Pan Gongsheng had avoided giant stimulus bursts of the kind ...
European shares jumped on Thursday, buoyed by optimism in Asia following news that China is considering capital injections ...
China said it will give one-off cash handouts to residents facing hardship and vowed more benefits for some unemployed people.
CHINA plans to issue special sovereign bonds worth about two trillion yuan (S$366.6 billion) this year as part of a fresh ...