China will optimize the assessment systems of State-owned insurance companies and the national social security fund to ...
China extended its support for the yuan by setting its daily reference rate for the managed currency at a level stronger than 7.2 per dollar, as escalating trade tensions with the US add to the ...
Xi followed the stop at the central bank with a visit to the state-owned China Banknote Printing and Minting Corp., which physically produces the yuan coins and banknotes for the PBOC. His visit ...
Demand for newly printed banknotes has surged in the run-up to the Chinese New Year festival, resulting in a shortage of fresh notes. Despite Thailand's transition to digital payments, cash ...
Currency traders are waiting with bated breath for China’s next daily reference rate for the yuan, with some expecting ...
This illustrative image from February 9, 2023, shows a Russian ruble coin and a Chinese yuan banknote in Moscow. Trade between Russia and China has increased since the start of the war in Ukraine.
The yuan weakened on Wednesday as escalating U.S.-China trade tensions rattled Chinese markets post-Lunar New Year. The ...
A Chinese firm has sparked outrage after paying employees in gift vouchers instead of cash. The move, which offered vouchers ...
For example, the 10-year treasury yields only around 1.6%. On Wednesday, the People's Bank of China injected 959.5 billion yuan ($130.87 billion) via seven-day reverse repos in open market ...
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