On Monday, the People’s Bank of China (PBOC) set the USD/CNY central rate for the trading session ahead at 7.1780 as compared to Friday's fix of 7.1760 and 7.2496 Reuters estimate.

The deputy director of China's National Laboratory of Finance and Development reportedly says that the country should expand ...

PDD Holdings, operator of Pinduoduo and Temu, missed quarterly revenue estimates amid weak Chinese demand and competition ...

China is increasing its efforts to strengthen its digital yuan. It aims to challenge US dollar-pegged stablecoins in world ...

Chinese financial experts have raised concerns that US dollar-pegged stablecoins may strengthen the dollar’s global dominance by linking international credit to virtual economies. They advocate for ...

AAC should be able to manage its growing financial leverage due to the multiyear capital expenditure cycle to expand into nonacoustic businesses such as haptics, metal casings, and handset lenses ...

Xiaomi reports record revenue of $50.5 billion in 2024, with strong growth in smartphones, EVs, and IoT services.

HUAWEI has introduced Pura X, the company’s latest flip phone with a unique 6.3″ 16:10 aspect ratio foldable OLED screen. This also has a 3.5″ outer OLED screen with 1:1 aspect ratio. Both the ...

The purchase of gold by central banks in several countries has reached the highest trend in history in 2022 and 2023.

USD/CNY strengthened on Thursday as yuan weakened after China sets its official midpoint rate at the weakest in two months.

A Chinese bank has promised to lend CNY 20 billion (USD 2.8 billion, EUR 2.6 billion) in the near term to the distant-water ...

Chinese tariffs on Canadian products including rapeseed oil and pork come into effect Thursday, with an industry lobby warning the new levies will have a “devastating impact” on farmers. The tariffs — ...