China’s GDP Growth in Q3 Exceeded Expectations
China's gross domestic product (GDP) growth rate in the third quarter of this year exceeded market forecasts by 4.9%. Critics ...
Tag: Yuan
Bolivia Increases Use of Yuan Instead of Dollar
Bolivia in South America is challenging the U.S. dollar hegemony as it increases the use of the Chinese yuan in ...
Yuan Settlement Surpassed Dollar
China's yuan settlement surpassed the dollar for the first time in its history in trade and capital transactions in the ...
Value of Yuan is Rapidly Falling
Amid the continued widening gap in interest rates between the U.S. and China, the value of the yuan is rapidly ...
China’s Economic Indicators are Sluggish
In fact, China's economic indicators are showing a backward step, contrary to the Chinese authorities' expectations. China's June Manufacturing Purchasing ...
Yuan/Dollar Rate Reaches Psychological Barrier
As the high-flying yuan/dollar exchange rate approaches 7.25 yuan, which is called a psychological barrier, Chinese authorities and state-owned banks ...
Yuan Fell to Its Lowest Level in 6 Months
Bloomberg pointed out that concerns over a slowdown in China's economy and rising interest rates on U.S. government bonds are ...
PBoC Adds 10 Cities for Digital Yuan Test
The People's Bank of China has decided to add 10 cities to be tested to promote research and development of ...
China to Impose Ban on Overseas IPOs for Tech Firms
Chinese internet companies might no longer be able to opt for overseas initial public offerings (IPOs). China reportedly is preparing ...
Yuan’s Standard Against Dollar Lowered Again (7/16)
The People's Bank of China announced on the 16th that it lowered the yuan's standard against the dollar, reflecting the ...
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