China’s economy met its 5 per cent growth target last year, buoyed by a 5.4 per cent expansion in the…
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The Chinese yuan surged on Monday night after US President Donald Trump struck a softer-than-expected tone on China during his…
Read More »China’s efforts to consolidate its small banks have led to a sharp reduction in their numbers as regulators work to…
Read More »China’s central bank has mounted a stronger defence for the yuan and the domestic foreign exchange market, as the country…
Read More »Both the onshore and offshore yuan have weakened to their lowest levels in months against the US dollar, as the…
Read More »The maturing debt of “most” of these financing platforms had either been extended, restructured or replaced, Pan said, adding that…
Read More »“Boosting consumption is the key. We must adopt targeted measures to smooth economic circulation.” Plenary meetings are often convened to…
Read More »The rate continued to fall, dipping below 2.1 per cent this month before PBOC intervention sent it back up to…
Read More »Anticipation of US interest rate cuts in September drove China’s yuan to a seven-month high against the US dollar on…
Read More »Online shoppers got their first opportunity to test out China’s new digital currency this weekend during an e-commerce festival organised…
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