Monitoring how the People’s Bank of China handles its “managed float” system for the foreign-exchange market isn’t easy. The ...
At the beginning of 2025, the exchange rates of the yuan have undergone notable fluctuations, drawing significant attention.
In August of that chaotic year for Asia’s biggest economy, President Xi Jinping’s team announced a nearly 3% downshift in the ...
Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers ...
Wang Yi, China's minister of foreign affairs, says his country will give African countries Y1 billion – over $130 million – ...
China’s yuan hit a 14-month nadir on the first trading day of 2025, but it quickly bounced from lows of 7.31 per dollar, ...
The onshore yuan weakened past a level that China had been defending since late last year, opening up room for the managed ...
China added more home appliances to the list of products that can be used in its consumer trade-in scheme and will offer ...
Goldman Sachs predicts gold could reach $3,000 per ounce by the second quarter of 2026 amid strong central bank demand.
Sentiment remains fragile in China and Hong Kong stock market even China services activities have improved in December. Click ...
China is expanding its consumer trade-in scheme to revive demand in the sluggish household sector. The move includes adding ...