Russian banks have nearly run out of their yuan stash, thanks to Chinese firms being more hesitant to do business with the ...
The impending expiry of a U.S. licence permitting transactions involving the pillars of Russia's financial infrastructure ...
Chinese President Xi Jinping wants a strong yuan, not a superpower currency. Rather than replacing the dominant U.S. dollar, ...
The US dollar to offshore Chinese yuan, or CNH rate fell to as low as 6.9951, the first time it breached the 7 per dollar ...
Country Garden Holdings Co. has won bondholders’ approval to push back payments on its nine yuan bonds by six months, ...
The yuan rallied past the 7 per dollar milestone for the first time in 16 months as investors digested a raft of measures to ...
China's yuan briefly rose to its strongest level in over a year after Beijing unveiled a slate of stimulus measures to shore ...
The offshore yuan weakened slightly against the U.S. dollar in the early morning Asian session after China’s latest monetary-easing measures.
However, rather than focusing solely on the short-term fluctuations of the exchange rate, investors are advised to pay more ...
Other business leaders have made similar predictions. Billionaires Ray Dalio and Richard Branson have both suggested that A.I ...
BEIJING, Sept. 27 (Xinhua) -- The central parity rate of the Chinese currency renminbi, or the yuan, strengthened 253 pips to 7.0101 against the U.S. dollar Friday, according to the China Foreign ...
Driven by the recovery of offline consumption, cost-cutting measures in businesses, and the emergence of new technological concepts, China's media industry experienced positive growth in 2023 with a ...