China is walking a tightrope on its currency. Economic fundamentals suggest a weaker yuan, but the specter of capital outflows still haunts Beijing, making it wary of any sharp moves in the currency.
China’s central bank has signalled its resolve to stabilise the yuan’s exchange rate, with a stronger tone taken during its latest policy meetings, as the Chinese currency looks to be directly ...
TUSTIN, Calif. (KABC) -- Leaf is OC Animal Care's longest and oldest resident. "He's an 11-year-old lab mix," said OC Animal Care public information officer Alexa Pratt. "He came into the shelter ...
The People’s Bank of China emphasized its goal to keep the yuan stable, as the currency hovers near a record low in offshore trading amid headwinds from a slowing economy. The central bank has ...
The CA Foundation, Intermediate, and Final exams will be held from May 2 to May 21, 2025. Registration opens on March 1, 2025, and closes on March 14, 2025, with a late fee deadline of March 17 ...
(Bloomberg) -- China reaffirmed its support for the yuan after the currency’s slide last week fanned speculation policymakers would allow it to depreciate faster. The People’s Bank of China ...
(Bloomberg) — For investors in China, fighting another trade war with the US will feel like anything but been there and done that. A lot has changed since the last trade war in 2018-19, not ...
China’s currency has had a rough start to 2025. Since the beginning of December, the yuan has weakened 1.3% against the dollar and is nearing a 16-month low. A dollar now buys around 7.33 yuan.
The writer and curator Su Wu’s version of tang yuan reflects her family’s history and her life in Mexico City. By Lauren Joseph Earlier this month, the writer and curator Su Wu was at home in ...
SHANGHAI -- The People's Bank of China on Thursday said it will issue renminbi-denominated central bank bills worth a record 60 billion yuan ($8.18 billion) in Hong Kong, in what analysts said was ...
China has announced plans to channel hundreds of billions of yuan annually from state-owned insurers into shares. Led by the chief of the China Securities Regulatory Commission, officials from ...
SHANGHAI/HONG KONG, Jan 13 (Reuters) - China announced more tools to support its weak currency on Monday, unveiling plans to park more dollars in Hong Kong to bolster the yuan and to improve ...