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China's central bank has approved foreign exchange purchases by some commercial banks to pay for gold imports under recently ...
Foreign exchange traders just had their wings clipped by the People's Bank of China. In the wake of a sharp rally for Asian ...
China's yuan finished the domestic trading session at a six-month high against the dollar on Tuesday, underpinned by an ...
As Chinese President Xi Jinping toured Southeast Asia this month to forge closer ties against higher U.S. tariffs, the People ...
The Executive Yuan today approved a draft bill titled “child care services act” to independently regulate a diverse range of ...
As Asia's dairy industry leader, Yili not only continues to deliver outstanding business performance but also actively ...
Chinese officials on Thursday introduced various measures to implement the country's first fundamental law dedicated to ...
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Local traders are increasingly sidestepping the US dollar in favour of China ’s currency, creating informal yuan payment ...
The Chinese yuan is likely to weaken somewhat further on the back of President Trump’s tariffs, Commerzbank economist Tommy ...
Chinese policymakers are hoping to stabilize the yuan as it faces downward pressure from U.S. levies and a gloomy growth ...
US-China yield spreads have been a major driving force behind CNY depreciation pressure since the US rate hike cycle in 2022.