Pan Gongsheng

New Business

China will boost the yuan’s global reach with new operations centre, PBOC says

China will set up an “international operations centre” for the digital yuan to boost the global influence of the renminbi,…

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New Business

China’s yuan fixing rate hits 2-month high as US dollar drops

China’s central bank set the yuan’s daily fixing against the US dollar at its strongest level in more than two…

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New Business

China rolls out policy package to guard against US tariffs: as it happened

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New Business

At G20 in Washington, top Chinese officials slam trade war as talks remain elusive

China’s central bank governor and finance minister – its top financial and economic officials – have condemned the trade war…

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New Business

China opts for stability over devaluation as tariff tremors give yuan a jolt

While China’s central bank has set the yuan’s daily reference rate to a four-month low against the US dollar, the…

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New Business

China battles to stabilise yuan after Trump’s tariffs spark market upheaval

China’s central bank set the fixing rate for the yuan against the US dollar at its lowest level since January…

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New Business

China’s central bank to create ‘more tools’ to shore up economy

China’s central bank said on Thursday that it was looking into creating more structural tools to support innovation, domestic consumption…

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New Business

Chinese bonds’ biggest bull run in a decade stumbles as re-rated stocks take the spotlight

The biggest bull run in China’s bond market in a decade has faltered, as the central bank’s delay in easing…

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New Business

China’s central bank vows to ease funding pressures on private sector

Chinese financial regulators have pledged to lower funding costs and open up fundraising options for the private sector, in the…

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New Business

China issues US$8.2 billion in bills in Hong Kong to stabilise yuan amid trade tensions

The People’s Bank of China (PBOC) said it would tender central bank bills totalling 60 billion yuan (US$8.2 billion) in…

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