In August 2015 China devalued the onshore yuan in its most dramatic foreign-exchange reform in a decade. To make the fixing more transparent, the PBOC laid out the factors that banks need to ...
On March 6, 2025, the Guangdong Delegation to the third session of the 14th National People’s Congress held a plenary meeting ...
SHANGHAI (Reuters) - U.S. President Donald Trump's criticism of China's foreign exchange policy appears to be unfounded, given the yuan's relative strength in currency markets and Beijing's ...
Shenzhen, Chongqing and Guangzhou each exceeded 3 trillion yuan in GDP, while Suzhou ... efficient and transparent business environment, focus on improving people's livelihoods and social services ...
China’s central bank governor said a steady yuan has contributed to the stability of global financial markets and economies around the world, drawing a contrast with a dollar that’s surged as ...
BEIJING, Feb 16 (Reuters) - China's central bank governor said on Sunday a stable yuan currency has been key to global financial and economic stability and Beijing will continue to let the market ...
China's yuan-denominated loans rose by 5.13 trillion yuan ($706.19 billion) in January, according to data released by the People's Bank of China (PBC), the central bank, on Friday. M2, a broad ...