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BEIJING (Reuters) -Chinese banks extended 2.24 trillion yuan ($312 billion) in new loans in June, more than triple May's ...
Imagine opening your digital wallet not to see a bank card or a third-party app like Alipay, but official government-issued ...
June lending soared past forecasts--but under the surface, weak demand and housing pain are still dragging things down.
BEIJING (Reuters) -China's yuan-denominated exports rose 7.2% year-on-year in June, while imports grew 2.3%, customs data ...
When China’s central bank governor laid out his vision for a more multipolar monetary system last month, he signaled ...
21hon MSN
Chetan Ahya of Morgan Stanley sees a global trade slowdown. He also expects the yuan will appreciate less than its Asian counterparts, due to the deflation and tariff challenges that China faces, and ...
The headquarters of the People's Bank of China in Beijing Photo: IC. The yuan has "solid foundations" to remain basically stable with fluctuations within a reasonable range, even ...
Chinese traders are pulling back from the dollar, helping ease a shortage that has rattled the banking system and setting the ...
Chinese businesses and investors are primed for the yuan to stay steady for now and eventually depreciate as U.S. trade ...
China's tech giants JD.com and Alibaba affiliate Ant Group are urging the central bank to authorise yuan-based stablecoins to ...
Steep discounts over the weekend delighted customers, but left F&B workers overwhelmed and store floors in disarray.
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