Yuan fixing misread by investors, says PBOC's Ma
Investors misunderstood the People's Bank of China's intentions in its recent moves on the yuan's daily reference rate against the US dollar, a top central bank researcher said, days after a 0.5 per...
View ArticleChina credit gauge plunges to lowest since global financial crisis
The credit slowdown joined a property slump in testing Premier Li Keqiang's economic expansion target of about 7.5 per cent this year. Photo: Bloomberg China's broadest measure of new credit...
View ArticleShanghai’s Free Trade Zone: a high calibre panel debate on China’s proposed...
(Source: Allen & Overy LLP) Please enter Title. Please enter ByLine. More than 50 of the firm's top clients attended a panel debate on the impact of Shanghai's Free Trade Zone (FTZ) over lunch at...
View ArticleDeclining foreign reserves may be from Chinese varying investments
A desire on the part of Chinese households to diversify their investments may in part be behind the recent declines in China's foreign exchange reserves according to an economics professor. The...
View ArticleAsian Central Banks Welcome Yuan's IMF Reserve-Basket Inclusion
Policy makers in Asia welcomed the Chinese yuan’s inclusion in the International Monetary Fund’s basket of reserve currencies, with South Korea expecting to boost holdings of the currency and Hong Kong...
View ArticleInterview: China's currency to essentially become world's great currency:...
by Xinhua writer Wu Xintao LONDON, Oct. 18 (Xinhua) -- China's renminbi (RMB), or Chinese yuan, is to become the world's third great currency, after the U.S. dollars and euro, said Douglas Flint, group...
View ArticleYuan may stumble, but will not fall (The Central People's Government of the...
(Source: The Central People's Government of the People's Republic of China) Yuan may stumble, but will not fall BEIJING - Chinese yuan extended its decline on Aug 12 but is unlikely to depreciate...
View ArticleNation looks to boost international use of yuan for trade
Clearing, settlement arrangements extend to banks across Europe and Asia, reports Jiang Xueqing China is strengthening its policy on yuan internationalization by promoting wider use of the currency...
View ArticleChairman Frank Ning Attended 2015 Yabuli China Entrepreneurs Forum Summer...
(Source: COFCO Limited) 2015-08-31 Chairman Frank Ning Attended 2015 Yabuli China Entrepreneurs Forum Summer Summit and Delivered Keynote Speech On August 29, COFCO Group Chairman Frank Ning went to...
View ArticlePBOC's Yuan Support Seen Dwindling After IMF Victory, BofA Says
China’s support for the yuan is likely to be pulled once the currency has won reserve status at the International Monetary Fund, according to David Woo, Bank of America Corp.’s head of global rates and...
View ArticleXinhua Insight: China rates cut not to plunge yuan
by Xinhua writers Zhang Yi and Wang Jian BEIJING, Nov. 25 (Xinhua) -- The Chinese yuan will not drop significantly amid interest rate cuts, with impacts of declining yields offset by increasing trade...
View ArticleData shows weakening hopes in China meeting growth targets
Waning investor confidence about China's economy hitting year-end growth targets is showing in the country's credit markets and money supply data as an 11-week stock market slump, sudden yuan...
View ArticlePBOC's London Bill Sale Said to Be Marketed at About 3.3% Yield
The People’s Bank of China is helping cement London’s dominance of yuan trading in Europe by conducting its first ever overseas debt sale in the city, a move timed to coincide with a state visit by...
View ArticleChinese Top Spin: A Yuan Devaluation That’s Really a Bold Reform
In suddenly weakening the yuan, China’s central bank is making a nuanced policy move. Yes, it has effectively devalued the yuan in the most dramatic downward move in two decades just in time to give...
View ArticleMapping trajectory of global capital flows (The Central People's Government...
(Source: The Central People's Government of the People's Republic of China) Mapping trajectory of global capital flows Taking into account domestic and overseas economic conditions, China may retain...
View ArticleChina, Russia to use yuan, rouble in more energy deals
Russia and China intend to use their national currencies to settle more energy deals to guard against instability in a world energy market dominated by the US dollar, Russian President Vladimir Putin...
View ArticleYuan may stumble, but will not fall
BEIJING, Aug. 12 (Xinhua) -- Chinese yuan extended its decline on Wednesday but is unlikely to depreciate significantly as the central bank and stable fundamentals will not allow the currency to go...
View ArticleTwo cities become clearing houses
Agreements will allow investors to reduce overseas renminbi payment risk and make trading in currency more efficient The central banks of Germany and Britain have appointed two major Chinese banks as...
View ArticleChina Focus: Chinese yuan extends sharp fall, long-term depreciation unlikely
BEIJING, Aug. 12 (Xinhua) -- Chinese currency continued to fall on Wednesday after the central bank reformed the exchange rate formation system to better reflect the market. The central parity rate of...
View ArticleWhy Capital Outflows From China May Be no Cause for Alarm
Massive capital outflows from China over the past four quarters have been viewed as a symptom of the moderation in growth prospects for the world’s second-largest economy and a possible cause of...
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