China fixed the renminbi at its lowest level since September 2023 as a stronger US dollar, investor disappointment over the ...
A recent Oliver Wyman survey found that Chinese travelers are not only spending less on luxury goods, but also turning to ...
In recent years, Beijing has made efforts to facilitate the settlement of China-Saudi oil trade in renminbi (RMB) rather than in U.S. dollars, a move that would steel China’s trade from financial ...
If markets see a Trump victory at hand, expect the renminbi to fall relative to the U.S. dollar, as Trump's planned tariffs would likely lead to a depreciation of the Chinese currency. The value of ...
It’s anyone’s guess how the People’s Bank of China governor will navigate the many shocks the former and future U.S.
Retail sales saw a 4.8% y/y increase, up from the 3.2% growth in September to hit its highest growth since February and ...
A cashier at a bank in Taiyuan, Shanxi province counts renminbi notes. [Photo/China News Service] BEIJING - China will ...
SHANGHAI--Today, Citi (NYSE: C) and Bank of Shanghai launched a first-of-its-kind payments solution on Bank of Shanghai’s ...
Asia had another rough night, as the wrecking ball of US dollar strength came back as some expressed trepidation over ...
Chinese assets sold off after the Trump 2.0 outcome, but policymakers should be more prepared this time around. China’s ...
We explore China’s import-export trends for 2024-25 by examining the trading statistics released for the first 10 months of ...
Live news: China fixes renminbi at weakest level in more than a year on facebook (opens in a new window) Live news: China fixes renminbi at weakest level in more than a year on linkedin (opens in ...