Return of USD strength in the near term is likely to be the dominant factor impacting IDR in the near term. Although Indonesia is relatively less exposed to US tariff risk, escalation of tariff talks ...

Li Auto's (LI) fourth-quarter earnings fell year over year but revenue came in above market estimates, while the Chinese electric vehicle maker expects its sales to decline annually in the ongoing ...

The renminbi traded at 7.3000 on Tuesday morning, its lowest level since November 2023. It has dropped in the last 13 consecutive weeks and is slowly approaching its lowest level on record.

But among the currencies of the six largest economies in the world, China’s renminbi is the only one that is not traded easily and accepted worldwide—that is, it is not a hard currency. China’s ...

Campanella, Edoardo, and Meg Rithmire. "What Future for the Renminbi in the Global Monetary System?" Chap. 7 in U.S.-China Relations for the 2030s: Toward a Realistic Scenario for Coexistence, edited ...

The central parity rate of the Chinese currency renminbi, or the yuan, weakened 10 pips to 7.1738 against the U.S.

Beijing has raised its budget deficit target to "around 4 percent" of GDP from last year's 3 percent, the highest increase ...

The Secretary for Financial Services and the Treasury, Christopher Hui, says the administration is working to make renminbi trading more convenient in the SAR. In last year’s Policy Address ...

The yen and pound account for 5.5% and 4.9%, respectively, while the balance is spread across the renminbi and Canadian and Australian dollars, each with shares of 2-3%. In the early 2000s ...

Outstanding renminbi loans in the Hong Kong market reached 724 billion yuan ($99.32 billion) by the end of 2024, marking a 64 percent surge from 2023, the Hong Kong Monetary Authority said ...

The UK Treasury said in January that China “will issue an inaugural renminbi-denominated sovereign green bond in 2025 . . . listed in London, the first in a programme of Chinese green sovereign ...