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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 ...
Chinese state bank have been consistently accumulating foreign assets. The direction of pressure on China's currency has changed; without backdoor intervention it would now be getting stronger.
A growing list of African nations have made deals to explore or implement use of the Chinese currency for trade and financial ...
June lending soared past forecasts--but under the surface, weak demand and housing pain are still dragging things down.
Chinese banks extended 2.24 trillion yuan ($312.47 billion) in new loans in June, more than triple the amount in May and beating analysts' forecasts, as stimulus measures boosted credit demand during ...
When China’s central bank governor laid out his vision for a more multipolar monetary system last month, he signaled ...
VCG. China's Ministry of Finance (MOF) on Wednesday issued 6 billion yuan ($836.5 million) of government bonds in the Macao ...
Imagine opening your digital wallet not to see a bank card or a third-party app like Alipay, but official government-issued ...
Chinese traders are pulling back from the dollar, helping ease a shortage that has rattled the banking system and setting the ...
BEIJING (Reuters) -China's yuan-denominated exports rose 7.2% year-on-year in June, while imports grew 2.3%, customs data ...
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 ...
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