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By Kevin Yao and Ellen Zhang BEIJING (Reuters) -Chinese banks extended 2.24 trillion yuan ($312 billion) in new loans in June ...
June lending soared past forecasts--but under the surface, weak demand and housing pain are still dragging things down.
BEIJING (Reuters) -China's yuan-denominated exports rose 7.2% year-on-year in June, while imports grew 2.3%, customs data ...
When China’s central bank governor laid out his vision for a more multipolar monetary system last month, he signaled ...
Chinese businesses and investors are primed for the yuan to stay steady for now and eventually depreciate as U.S. trade ...
The headquarters of the People's Bank of China in Beijing Photo: IC. The yuan has "solid foundations" to remain basically stable with fluctuations within a reasonable range, even ...
Chinese traders are pulling back from the dollar, helping ease a shortage that has rattled the banking system and setting the ...
(Yicai) July 14 -- China issued CNY12.92 trillion (USD1.8 trillion) of new yuan-denominated loans during the first half of ...
A resilient domestic economy and US debt fears could see the Chinese currency appreciate further, analysts say.
China's tech giants JD.com and Alibaba affiliate Ant Group are urging the central bank to authorise yuan-based stablecoins to ...
Der Euro ist gegenüber dem chinesischen Yuan auf den höchsten Stand seit über einem Jahrzehnt gestiegen, gestützt durch ...
History of the digital yuan. The digital yuan originated with a project launched by the People’s Bank of China (PBOC) in 2014. At the time, central bank digital currencies or CBDCs were a new ...