Chinese yuan slightly weaker in November: index2017-12-04
China's yuan has slightly weakened against a basket of currencies in November, according to an index released by the China Foreign Exchange Trade System (CFETS).
Forex regulator warns risks may rise2017-11-30
China's top foreign exchange regulator warned on Wednesday that systemic risk will possibly rise in the foreign exchange market due to unexpected fluctuations from irrational trading.
Mainland, Hong Kong extend currency swap deal2017-11-28
The People's Bank of China (PBOC), the country's central bank, said Monday it has extended a currency swap agreement with the Hong Kong Monetary Authority.
Big forex shake-up 'needed'2017-11-17
China needs to reform the management of its massive foreign exchange reserves to address excess leverage in the financial sector, a senior legislator said on Thursday.
China continues "reasonable" current account surplus2017-11-07
China continued to see a "reasonable" current account surplus in the first three quarters, while imports and exports both rose steadily, the country's foreign exchange regulator said Monday.
RMB internationalization makes remarkable progress: report2017-10-20
There has been remarkable progress in global use of the renminbi(yuan), which is set to continue, according to a central bank report.
PBOC says stable yuan likely soon2017-10-19
Yuan exchange rates will have a more stable foundation after the 19th National Congress of the Communist Party of China and the market will have a bigger role in determining the currency's value, a top central bank official said on Wednesday.
Central bank tests digital currency transactions2017-10-13
China's central bank carried out mock transactions using digital fiat currency with some commercial banks in June, a step aimed at exploring tech challenges involved in using government-backed digital money, according to central bank officials.
Forex reserves hit high for 20172017-10-10
China's foreign exchange reserves in September rose to their highest level so far this year to reach $3.11 trillion, marking growth for the eight straight month, as capital outflows eased thanks to the stronger renminbi, central bank data showed on Monday.
Chinese yuan's global march, a year after SDR entry2017-10-09
A year has passed since the Chinese currency renminbi, or the yuan joined the IMF Special Drawing Right (SDR) basket. While the impact of the move may appear limited, the currency has taken steady steps on its global march.
Renminbi gets more int'l recognition despite volatility2017-10-09
In late 2016, Zhang Jianzhou was put in charge of a cross-country M&A project worth more than 3.9 billion U.S. dollars.
Fed move signals turning point for liquidity2017-09-22
The US Federal Reserve's plan to wind down quantitative easing from next month will sign a turning point of the global liquidity environment, which will have a long-term impact on major economies' interest rates and asset prices.
China moves to shut down cryptocurrency exchanges2017-09-20
Chinese regulators are taking steps to shut down the country's cryptocurrency exchanges and ban trading of digital cryptocurrency to rein in financial risks.
Crackdown signals end of illegal exchanges2017-09-19
China's crackdown on bitcoin exchanges is a sign that the top regulator no longer tolerates cryptocurrency trading in the country as it has fueled illegal fundraising and cross-border money laundering.
Most Popular
Chinese | BIG5 | Deutsch
Xinhuanet | | People's Daily Online | | CNTV | | Global Times | | China Youth International | Visit Beijing |
About | About the Economic Daily | Contact us
Copyright 2003-2015 China Economic Net. All right reserved