Foreign Exchange

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Why US market is no longer top priority for Chinese companies building foreign factories

This year’s escalation of the US-China trade war has led many Chinese companies to rethink their overseas expansion strategies, with…

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New Business

Battered dollar drifts lower on tariff nerves

The dollar drifted lower on Monday after an early bump off a three-year low, as investor confidence in the world’s…

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New Business

Economist says China’s overseas assets at risk as trade war hits boiling point

A former adviser to China’s central bank has voiced grave concerns over the safety of the country’s overseas assets, and…

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New Business

China’s yuan hits lowest level in months as Trump tariff threats roil currencies

Both the onshore and offshore yuan have weakened to their lowest levels in months against the US dollar, as the…

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New Business

China’s yuan hits internationalisation landmark with record share of global payments

Swift payment data is a major indicator for the relative status of international currencies. Other metrics include frequency of use…

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New Business

Mainland China’s provinces seek overseas capital, with Hong Kong as go-between

Some localities in mainland China are taking active steps to woo overseas capital via Hong Kong as foreign direct investment…

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