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June lending soared past forecasts--but under the surface, weak demand and housing pain are still dragging things down.
Chinese banks extended 2.24 trillion yuan ($312 billion) in new loans in June, more than triple May's total, and beating ...
BEIJING (Reuters) -China's yuan-denominated exports rose 7.2% year-on-year in June, while imports grew 2.3%, customs data ...
As the People’s Bank of China seeks a bigger role for the yuan on the global stage, ignoring stablecoins could put the ...
Chinese traders are pulling back from the dollar, helping ease a shortage that has rattled the banking system and setting the ...
Chetan Ahya of Morgan Stanley sees a global trade slowdown. He also expects the yuan will appreciate less than its Asian counterparts, due to the deflation and tariff challenges that China faces, and ...
China's tech giants JD.com and Alibaba affiliate Ant Group are urging the central bank to authorise yuan-based stablecoins to ...
U.S. President Donald Trump ratchet up tariffs on Chinese imports to a prohibitive level of 145%, spurring a round of ...
Authors, including the PBOC’s former statistics head, call for ‘a new vision where multiple currencies jointly support global ...
Steep discounts over the weekend delighted customers, but left F&B workers overwhelmed and store floors in disarray.
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 ...
China's yuan has strengthened 1.5% against the flagging dollar since April 2, when U.S. President Donald Trump announced ...