Chinese banks extended 5.13 trillion yuan ($706.40 billion) in new yuan loans in January, up sharply from December, outpacing ...
Geopolitical tensions and tariffs will likely push China to devalue its currency, making USD:CNY a profitable trade. Read ...
The renminbi remained under pressure last week after the US imposed new tariffs on Chinese goods, risking a prolonged trade ...
The central parity rate of the Chinese currency renminbi, or the yuan, strengthened 13 pips to 7.1706 against the U.S.
Outstanding renminbi loans in the Hong Kong market reached 724 billion yuan ($99.32 billion) by the end of 2024, marking a 64 ...
The Hong Kong Monetary Authority (HKMA) said it would launch a 100 billion yuan (US$13.7 billion) funding facility at the end ...