New bank loan issuance in China likely plunged in July from June, a Reuters poll showed on Thursday, weighed down by weak ...

BEIJING (Reuters) -New bank loan issuance in China likely plunged in July from June, a Reuters poll showed on Thursday, ...

China wants to roll out its first stablecoins to push the renminbi into more global markets and challenge the dominance of ...

China is preparing to launch yuan-backed stablecoins via Hong Kong to cut reliance on US dollar tokens and boost the renminbi ...

BEIJING, Aug. 7 (Xinhua) -- The central parity rate of the Chinese currency renminbi, or the yuan, strengthened 64 pips to 7.1345 against the U.S. dollar Thursday, according to the China Foreign ...

The renminbi exchange rate is woefully undervalued – an impediment to overhauling China’s distorted growth model and a major ...

The stablecoin market in China is gaining traction following the introduction of the first regulatory framework for stablecoins (GENIUS Act). US Dollar-pegged cryptocurrency was signed into law by US ...

We start with the deteriorating US-India relationship, as Donald Trump yesterday announced an additional 25 per cent tariff ...

The People’s Bank of China (PBOC) set the USD/CNY central rate for the trading session ahead on Thursday at 7.1345 as ...

The 288-piece collaboration available Friday spans three China-only versions of the Dimoo figurine sporting the jeweler's Ice ...

The renminbi fell to sixth place in May and June 2025 in terms of its share as a global payment currency, the first time it ...

Hong Kong — China’s test bed for cryptocurrency as the industry is banned on the mainland — recently passed a law allowing licensed businesses to issue tokens backed by any fiat currency. But the ...