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The dollar’s extended slide has prompted China’s central bank to change tack in managing its currency, as it pivots from ...
County officials across China misappropriated at least 2.2 billion yuan (US$302.7 million) in meal subsidies meant for rural students between 2021 and 2023, a State Council audit report found.
China's leading food delivery group Meituan on Monday reported net profit for the first quarter of 10.9 billion yuan ($1.52 billion), up 46.2% from 5.2 billion yuan in the same period a year ago.
China's Ministry of Finance is expected to hold a briefing on Saturday in which market participants foresee a package worth between 1.5 trillion to 2 trillion yuan unveiled. "It will be important ...
CHINA plans to issue special sovereign bonds worth about two trillion yuan (S$366.6 billion) this year as part of a fresh fiscal stimulus, said two sources with knowledge of the matter, adding to a ...
The yuan trades within a 2% band around this midpoint. The yuan's weakness exerted pressure on other Asian currencies, with the Indonesian rupiah hitting a record low as traders returned from a break.
Image: Ludovic Marin and Miguel Medina/AFP Now it’s the turn of the Chinese yuan. An important economic development of late has been the depreciation of Asian currencies relative to the dollar.