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Use of the yuan reached to 3.75 percent of global payments in December, securing its position as the fourth most active currency, data from global payment services provider Society for Worldwide ...
SHANGHAI/HONG KONG, Jan 13 (Reuters) - China announced more tools to support its weak currency on Monday, unveiling plans to park more dollars in Hong Kong to bolster the yuan and to improve ...
(Bloomberg) -- China has ramped up its support for the yuan with tweaks to its capital controls and a vow to crack down on market disruption, after the currency dropped close to a record low ...
(Bloomberg) -- China reaffirmed its support for the yuan after the currency’s slide last week fanned speculation policymakers would allow it to depreciate faster. The People’s Bank of China ...
China is walking a tightrope on its currency. Economic fundamentals suggest a weaker yuan, but the specter of capital outflows still haunts Beijing, making it wary of any sharp moves in the currency.
China’s central bank has signalled its resolve to stabilise the yuan’s exchange rate, with a stronger tone taken during its latest policy meetings, as the Chinese currency looks to be directly ...
The People’s Bank of China emphasized its goal to keep the yuan stable, as the currency hovers near a record low in offshore trading amid headwinds from a slowing economy. The central bank has ...
The writer and curator Su Wu’s version of tang yuan reflects her family’s history and her life in Mexico City. By Lauren Joseph Earlier this month, the writer and curator Su Wu was at home in ...
China’s currency has had a rough start to 2025. Since the beginning of December, the yuan has weakened 1.3% against the dollar and is nearing a 16-month low. A dollar now buys around 7.33 yuan.
SHANGHAI -- The People's Bank of China on Thursday said it will issue renminbi-denominated central bank bills worth a record 60 billion yuan ($8.18 billion) in Hong Kong, in what analysts said was ...
Jada Yuan is a writer for The Washington Post's Style section with a focus on culture and entertainment. For The Post, she's criss-crossed the country following national political campaigns ...