yuan exchange rate

New Business

China ‘confident’ in 2025 economic rebound, Hong Kong is key: central bank chief

China has the confidence, capacity and tools to ensure its economy recovers and grows this year, the country’s central bank…

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New Business

China urged to anchor yuan to non-US dollar currencies to empower domestic tools

China’s policymakers should consider anchoring the yuan exchange rate to a basket of non-US dollar currencies to create more flexibility…

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New Business

China unveils plan to guide exporters through tempestuous trade waters

China has announced it will aid its export sector with policies to cope with external trade barriers – restrictions that…

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New Business

China to push supportive monetary policy as financial risks ease: central bank chief

The maturing debt of “most” of these financing platforms had either been extended, restructured or replaced, Pan said, adding that…

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New Business

China’s trade ‘unevenness likely to continue’ as July data offers mixed bag

Analysts pointed to the impact of lower prices and some fading of global discretionary demand as the reading fell short…

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New Business

Global use of China’s yuan up sharply, beating pound and yen on internationalisation index

Overseas use of the Chinese yuan grew significantly last year due to its pivotal role in global supply chains and…

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