BEIJING, March 4 (Xinhua) -- The central parity rate of the Chinese currency renminbi, or the yuan, strengthened 6 pips to 7.1739 against the U.S. dollar Tuesday, according to the China Foreign ...

BIDU-SW (09888.HK) plans to issue RMB10 billion in offshore renminbi bonds, marking the latest move in a series of recent ...

It is one of the first banks to participate in the facility. Hang Seng Bank is participating in the Renminbi Trade Financing ...

Campanella, Edoardo, and Meg Rithmire. "What Future for the Renminbi in the Global Monetary System?" Chap. 7 in U.S.-China Relations for the 2030s: Toward a Realistic Scenario for Coexistence, edited ...

BEIJING, Feb. 20 (Xinhua) -- The People's Bank of China (PBOC) will promote the use of renminbi (RMB) in cross-border payments, pricing, investment and financing, with an aim to facilitate ...

BEIJING - The National Financial Regulatory Administration (NFRA) on Wednesday announced that China will lower the asset ...

But among the currencies of the six largest economies in the world, China’s renminbi is the only one that is not traded easily and accepted worldwide—that is, it is not a hard currency. China’s ...

Trump’s threat of tariffs and China’s weak economy has led Wall Street to increase its bets against the renminbi. However, this is to be supported by China’s largest sale of offshore bills.

BEIJING - China's central bank on Tuesday conducted a 300-billion-yuan ($41.83 billion) medium-term lending facility (MLF) ...

Hang Seng Bank, a HSBC subsidiary Hong Kong–based banking and financial services company, has become one of the first banks to participate in the Renminbi Trade Financing Liquidity Facility (‘RMB TFLF ...

A total of 24 banks have been selected to participate in the first phase of the renminbi trade financing liquidity facility (RMB TFLF), which went live on Friday (February 28), allowing them to apply ...

For the three months ended Dec. 31, the Chinese tech giant's revenue jumped 8 percent year-over-year to 280.1 billion ...