The cowrie is the most widely and longest used currency in history. 1,000 BC: First Metal Money and Coins Bronze and Copper cowrie imitations were manufactured by China at the end of the Stone Age ...
He added, however: "I don't believe the Trump Treasury Department would welcome Chinese currency manipulation very fondly. The history of China as a currency manipulator is well-known." ...
China's central bank said on Friday it has suspended treasury bond purchases, triggering a jump in yields and spurring ...
one figure in the spotlight is the adequacy of China's foreign currency reserves. Since the government owns nearly all the banks, the Chinese government is essentially on the hook for the debts of ...
In its announcement, the US Treasury said: "China has a long history of facilitating an undervalued currency through protracted, large-scale intervention in the foreign exchange market.
But now he sees a new force emerging - a payment system created by the Chinese state and known as Digital Currency Electronic Payment (DCEP). It's really a digital version of China's official ...
The growth was mainly driven by the steady recovery of the Chinese economy, opening-up of the financial sector, stable monetary policy and stepped-up international currency cooperation ...