Panda Bonds offer a timely opportunity to access China’s deep financial markets, especially as the gap between RMB and US dollar yields widens, making borrowing in yuan relatively cheaper.

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 ...

HONG KONG, Jan. 10, 2025 /PRNewswire/ -- HKU Business School yesterday unveiled the "Hong Kong Economic Policy Green Paper 2025" ("Green Paper"). This comprehensive document delves into various facets ...

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. China’s regulators sought to reassure markets on Monday as equities and the renminbi extended losses in a ...

The PBOC’s decision likely took into consideration the need to stabilise the renminbi. High-profile easing measures like an RRR cut could add to depreciation pressure on the renminbi.

The renminbi traded at 7.3000 on Tuesday morning, its lowest level since November 2023. It has dropped in the last 13 consecutive weeks and is slowly approaching its lowest level on record.

Foreign issuers' growing interest in panda bonds reflects the rising competitiveness of the renminbi as an alternative international financing currency, bolstering the internationalization of ...

The successful tender of RMB Bills highlights Hong Kong's pivotal role as a financial hub facilitating RMB internationalization. The city continues to be a strategic location for such financial ...

Renminbi has been a growing part of global trade and finance, Alan Bollard, former Governor of the Reserve Bank of New Zealand, told China Daily in a recent interview. Bollard discussed the ...