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BYD's net profit rose 100% to $1.3 billion for the first quarter, while Tesla's slumped more than 70% in the same period.
Chinese investors and trading companies boosted their use of the yuan in international settlements to a record last month as ...
More than 100 companies have announced buy-back plans, including PetroChina, Midea Group and CATL China's publicly listed companies have unveiled at least 20 billion yuan (US$2.73 billion) in ...
The decision comes amid encouraging first quarter growth figures, with GDP recording a 5.4% rise year-on-year.
BEIJING (Reuters) -China's plan to facilitate cross-border financial services will help promote greater international usage of the yuan, a senior central bank official said on Wednesday ...
Chinese banks extended 3.64 trillion yuan (RR9.25 trillion.) in new yuan loans in March, according to Reuters calculations based on data released by the People's Bank of China (PBOC) on Sunday.
SHANGHAI: The yuan fell against the dollar on Monday, following a bounce from a 2007 low last week, as broad weakness in the greenback was offset by uncertainties around US tariffs on China that ...
Photo illustration shows Chinese 100 yuan notes (red) and $100 notes. Photo illustration shows Chinese 100 yuan notes (red) and $100 notes. JADE GAO/AFP via Getty Images The tariff hike rattled ...
It's hard to imagine a scenario with 100% U.S. tariffs on China that does not involve some devaluation of the yuan akin to the 10% slide Beijing authorities engineered during Trump's first ...
China has decided to provide Myanmar with 100 million yuan (approximately 13.9 million U.S. dollars) in emergency humanitarian aid to support earthquake relief efforts, a spokesperson for the ...