Corruption and a slow adoption of the e-CNY risk undermining the groundbreaking progress that China’s digital currency has ...
China's central bank said on Friday it conducted 800 billion yuan ($110.59 billion) of outright reverse repos in November.
China could allow its yuan to depreciate by as much as 10-15% in response to any trade wars unleashed by President-elect ...
The People's Bank of China kept the medium-term lending facility rate unchanged at 2.0% on 900 billion yuan ($124.26 billion) ...
The yuan fell against the U.S. dollar to its weakest in nearly four months after U.S. President-elect Donald Trump said he ...
A media outlet has claimed that China’s digital yuan project has “failed,” calling this “a sign” of President Xi’s “weakening ...
Major investment banks and research firms project offshore yuan to weaken to an average 7.51 per dollar through the end of ...
China has a rapidly aging population. Last year, about 297 million people were aged 60 or above, over one-fifth of the ...
(Reuters) - Chinese property giant Dalian Wanda has told some investors it plans to establish a fund of about 50 billion yuan ...
Discussions regarding how China might adjust the Chinese yuan's exchange rate in response to external pressures have once ...