The US Treasury characterized the yuan as “substantially undervalued,” and called on China to allow its exchange rate to ...
Beijing is betting hard on the digital yuan. China is promoting its CBDC on a global stage in 2026. But will it really ...
China set its benchmark yuan exchange rate against the U.S. dollar below the psychologically significant 7-yuan level for the ...
HONG KONG, Jan 28 (Reuters) - China's yuan touched a new 32-month high against the U.S. dollar on Wednesday after Beijing ...
(Yicai) Jan. 29 -- The Chinese yuan has continued to show strong performance against the US dollar since the start of the year, breaching the key 7 mark twice after a gap of two and a half years.
China set its daily reference rate for the yuan weaker than 7 per dollar in a sign the central bank is keen to slow the ...
The People’s Bank of China set the strongest reference rate for the currency in almost three years.
Economists see a politicized central bank damaging investor confidence in the U.S. system while Beijing advances in ...
China has upgraded the digital Yuan to pay interest, marking a shift in CBDC design with implications for banks, payments, ...
BEIJING, Jan 22 (Reuters) - Apple in China will offer discounts of up to 1,000 yuan ($143.60) on designated iPhone, ...
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Yuan set to extend decade-long win streak into Lunar New Year
In late December, the yuan broke the closely watched 7-per-dollar threshold in both the onshore and offshore markets. The onshore yuan held steady Thursday at around 6.95 per dollar.
China’s two largest cities are outpacing national growth rates, each generating gross domestic products equal to a small ...
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