China’s ambition to further internationalize the use of the renminbi has continued to make progress as the number of participants and the amount of the currency handled through its own payment and ...
Outstanding renminbi loans grew, but foreign currency loans dropped. Outstanding renminbi (RMB) and foreign currency loans in ...
Trump is set to be inaugurated on January 20. JPMorgan, Barclays and BNP Paribas all forecast the renminbi dropping to Rmb7.5 a dollar towards the end of 2025. Nomura forecasts it hitting Rmb7.6 ...
The following are the central parity rates of the Chinese currency renminbi or the yuan against 25 major currencies announced on Monday by the China ...
Beijing may ratchet up trade restrictions or change its monetary policy.
Asian equities were higher, except for Hong Kong and Mainland China, which were off following President Trump’s 10% tariff ...
The world’s largest EV battery maker warned that it expects to report less revenue in 2024 than the previous year, sending ...
Start exploring China’s manufacturing sector above the designated size (companies with an annual main business income of above RMB 20 million) grew by 6.1 percent year-on-year. Notably, equipment ...
Octopus with Broken Arms' led the Chinese box office for a fifth consecutive weekend, earning $7.1 million over the weekend.
The online retailer generated a positive free cash flow of RMB 20.3 billion. During the third quarter (3Q 2024), JD.com expanded into the apparel and accessories business to become a premier ...
According to estimates by IDC and Canalys, overall iPhone market share fell 1% year over year in Q4 to 23% despite the ...