China’s currency appears poised to break through the psychological 7.0-per-dollar barrier next year, fuelled by US Federal Reserve rate cuts…
Read More »People's Bank of China
China’s crackdown on borrowing by local governments is forcing state-run entities in even some of the wealthiest provinces to tap…
Read More »Beijing has reaffirmed its tough stance on virtual currencies, warning of a resurgence in speculative trading and vowing to stamp…
Read More »China’s central bank has set the yuan’s daily reference rate against the US dollar at the strongest level in more…
Read More »An options market gauge showing the cost to hedge against declines or advances in the yuan has turned neutral for…
Read More »Nicholas Lardy is a non-resident senior fellow at the Peterson Institute for International Economics and a member of the Council…
Read More »Chinese companies expanding overseas are increasingly using the yuan for financing and payments to build their international operations, boosting the…
Read More »China’s central bank vowed to maintain an accommodative monetary policy stance and improve policy transmission to support the “steady” economy…
Read More »A Solana-themed event in southern China that was cut short after a local policy inquiry has raised concerns in the…
Read More »China on Monday reaffirmed its hardline approach towards virtual currencies at home, warning of the risks of stablecoins, despite growing…
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