The conflict involving Iran has accelerated the use of the Chinese yuan in global oil trade and sparked a surge in demand for Beijing’s Cross-Border Interbank...
The People’s Bank of China (PBOC) set the yuan’s exchange rate against the US dollar at its strongest level in more than three years on Thursday,...
China’s government warned on Monday that countries negotiating trade deals with US President Donald Trump would be hit with countermeasures if they harmed China’s interests. The...
China’s currency, the renminbi, has dropped to its lowest level in 16 months, as concerns about potential tariff increases by the incoming Trump administration cast doubts...
China’s regulators sought to calm markets on Monday as stocks and the renminbi experienced a shaky start to 2025, influenced by weak economic data and geopolitical...
