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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.
Prior to the market opening, the People’s Bank of China (PBOC) set the midpoint rate at 7.1461 per dollar, its strongest ...
BEIJING (Reuters) -Chinese banks extended 2.24 trillion yuan ($312 billion) in new loans in June, more than triple May's ...
Asset manager’s tokenised financial products are aligned with Hong Kong’s stablecoin framework, ChinaAMC (HK) CEO Tian Gan says.
When China’s central bank governor laid out his vision for a more multipolar monetary system last month, he signaled ...
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.
Chinese businesses and investors are primed for the yuan to stay steady for now and eventually depreciate as U.S. trade ...
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United News of Bangladesh on MSNBeijing's GDP rises 5.5pc in H1 2025, surpassing 2.5 trillion yuanBeijing's gross domestic product (GDP) grew 5.5 percent year on year to over 2.5 trillion yuan (about 350.2 billion U.S. dollars) in the first half of 2025, calculated at constant prices, the city's ...
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 ...
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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