China wants a slow, managed move in its currency. The market—and China’s trading partners—may not be as patient.
A stronger currency may be coming but policymakers in Beijing face two dilemmas that will limit their appetite for exchange ...
Transactions on a new China-led digital currency platform have surged to over $55 billion, a new report shows, the latest ...
On the 1st, the central banks of South Korea and China renewed a 5-year maturity 70 trillion won (400 billion yuan)-scale ‘won-yuan currency swap agreement’ during the first Korea-China summit. The ...
China’s central bank vowed to further encourage financing in the yuan by overseas entities, betting cheap borrowing costs and increased demand for the currency offshore will be crucial drivers for its ...
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