The People's Bank of China (PBOC) said it would tender central bank bills totalling 60 billion yuan (US$8.2 billion) in Hong ...
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Geopolitical tensions and tariffs will likely push China to devalue its currency, making USD:CNY a profitable trade. Read ...
New bank loans in China surged more than expected to a record high in January as the central bank moved to shore up a patchy ...
The People’s Bank of China said it will adjust the pace and intensity of its policymaking based on economic and financial ...
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.
China could allow its currency to weaken to offset the impact of US tariffs on the country’s exports, but has so far declined ...
Chinese authorities set a stronger-than-expected guidepost for trading in the yuan, suggested Beijing is reluctant to use a ...
Currency traders are waiting with bated breath for China’s next daily reference rate for the yuan, with some expecting ...
(Bloomberg) -- 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 ...