China's yuan surges to 16-month peak on new stimulus measures
China's yuan hit a 16-month high against the U.S. dollar on Tuesday, after the central bank of the world's second-largest economy revealed new stimulus measures, while the greenback extended declines against other major currencies after soft data on the consumer.
Chinese President Xi Jinping wants a strong yuan, not a superpower currency. Rather than replacing the dominant U.S. dollar, ...
Russian banks have nearly run out of their yuan stash, thanks to Chinese firms being more hesitant to do business with the ...
BEIJING, Sept. 27 (Xinhua) -- Chinese authorities announced that they have uncovered over 2.2 billion yuan (about 313.83 million U.S. dollars) of medical insurance funds suspected of violating ...
China's yuan hit a 16-month high against the U.S. dollar on Tuesday, after the central bank of the world's second-largest ...
The billionaire owner of French luxury powerhouse LVMH has seen his wealth inflate by $17 billion dollars in just one day, ...
The offshore yuan weakened slightly against the U.S. dollar in the early morning Asian session after China’s latest monetary-easing measures.
BEIJING -- The value of China's international trade in goods and services reached approximately 4.18 trillion yuan in August this year, marking an increase of 4 percent year on year, official data ...
China's fresh stimulus measures went into effect on Friday, in line with central bank governor Pan Gongsheng's comments ...
The joint venture, Tianjin TSKF Pharmaceutical Co (TSKF), accounted for about 40% of Haleon's revenues from China last year, ...
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