When her best friend asked her to invest in her fledgling you tiao business in 2019, Ms Wang Jing Fang put in $10,000 as a ...

The Legislative Yuan in 2019 called for a reassessment of the project, but the ministry recently said the project was financially unpromising, despite the government being more than capable of ...

China will launch a science and technology board in the bond market this year as the country sharpens its commitment to providing financial support for technological innovation, according to Pan ...

The measures, which will come on top of a 10% duty on China he allowed to take effect earlier this month, sent the offshore yuan 0.4% lower against the greenback on Thursday. The Nasdaq Golden Dragon ...

The central parity rate of the yuan against the U.S. dollar is based on a weighted average of prices offered by market makers before the opening of the interbank market each business day.

China has significantly expanded its currency swap agreements in recent years, using them as a strategic instrument of financial diplomacy to enhance the global standing of the renminbi (RMB). While ...

The People’s Bank of China has drained cash through open market operations most days this month, supporting the yuan by making it more scarce. But that has had unintended consequences ...