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In April, PBoC-controlled financial services firm China UnionPay strengthened its payment network in Vietnam and Cambodia, while the central bank announced steps to promote cross-border yuan ...
SHANGHAI, May 6 (Reuters) - China's yuan finished the domestic trading session at a six-month high against the dollar on Tuesday, underpinned by an unwinding of carry trades and a broader rush out ...
HONG KONG: China’s yuan slipped against the US dollar on Wednesday after the central bank flagged interest rate cuts and a liquidity injection into the banking system, slowing the currency’s ...
China's yuan finished the domestic trading session at a six-month high against the dollar on Tuesday, underpinned by an unwinding of carry trades and a broader rush out of U.S. assets and back into ...
BEIJING/SHANGHAI, May 8 (Reuters) - China's central bank has approved foreign ... increased appetite for gold while slowing the pace of yuan appreciation, one of the sources said.
China’s state broadcaster has given a glimpse of the cutting-edge jet launch system in action on the country’s most advanced aircraft carrier, the Fujian. CCTV included the footage of the ...
East China's Fujian province, with total project investment amounting to 228 billion yuan ($31.52 billion), a 12 percent increase compared with the previous summit, China News Service reported on ...
The People’s Bank of China (PBOC) said last month it supported such a move, without providing a location. The central bank indicated the initiative would promote yuan-denominated benchmarks for ...
She noted that the NDRC will introduce premium projects totaling approximately 3 trillion yuan ($415.20 billion ... plays a ballast stone role in China's economic development, contributing ...
China's central bank announced a 500 billion yuan re-lending facility targeting elderly care and service consumption sectors. The initiative aims to motivate banks to fund accommodation, catering, and ...