According to latest statistics, Donghai County's press-on nail sales soared to nearly 8 billion yuan (US$1.1 billion) in 2024, up 166.7% year-on-year. Overseas markets took up nearly 40% of total ...

China’s top anti-corruption watchdog has launched an investigation into Yuan Guangyu, former chairman and chief executive of China Oilfield Services Ltd (COSL), for alleged serious disciplinary ...

China’s central bank has pledged to advance the cross-border use of the yuan and develop the offshore yuan market, as the mission to stabilise the currency grows more urgent in the face of a ...

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BEIJING, March 14 (Reuters) - China's banks extended 1.01 trillion yuan ($139.66 billion) of new loans in February, well below analysts' forecasts, according to Reuters calculations based on data ...

Information provided on Forbes Advisor is for educational purposes only. Your financial situation is unique and the products and services we review may not be right for your circumstances.

The People’s Bank of China has drained cash through open market operations most days this month, supporting the yuan by making it more scarce. But that has had unintended consequences ...

valued at the time at approximately 120 billion yuan (around $16.4 billion). These assets — predominantly jack-up rigs — had been stranded in Chinese shipyards following the offshore market ...

The central government should take on at least 20 trillion yuan (S$3.7 trillion) worth of local sovereign debt, David Li Daokui, an economics professor at Tsinghua University and a regular adviser on ...

Q: What is the Yuan worth against the Dollar? A: One Yuan is worth 0.1382 Dollars today Q: Is the Yuan going up or down against the Dollar? A: Today's exchange rate (0.1382) is lower compared to ...