China's yuan extended losses against the dollar on Thursday, after posting its biggest monthly drop since August 2019, dragged lower by broad strength in the greenback in global markets. SHANGHAI, ...
U.S. equity funds drew strong inflows for a second straight week in the week to December 31 as investors cheered solid annual gains from an AI-driven rally and ended the year on an optimistic note ...
BEIJING (AP) — China allowed its yuan to fall below the politically sensitive level of seven to the U.S. dollar for the first time in 11 years on Monday, raising the possibility Beijing might use ...
Chinese assets have had a terrible year—but China’s currency is gaining ground as an international payments option. The yuan’s status as a global currency still faces a huge obstacle in the form of ...
China spent about 5.01 trillion yuan (about 706.6 billion U.S. dollars) on education nationwide in 2019, up 8.74 percent from the previous year, the Ministry of Education said Monday. The government's ...