Miao Yanliang

New Business

Chinese yuan’s forex market share grows to 8.5% as global position firms: BIS survey

The Chinese yuan’s share in global foreign exchange (forex) trading climbed to 8.5 per cent this year while maintaining its…

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New Business

China urged to take bolder steps to tackle price wars, deflation and weak demand

Beijing’s latest push to curb price wars may help ease deflationary pressures, but analysts warn the current measures fall short…

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New Business

Given prevailing headwinds, Hong Kong has the big opportunity as an offshore yuan hub: CICC

Hong Kong faces an unprecedented opportunity as an offshore hub for the currency, despite what is broadly seen as short-term…

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