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Exceptionally strong initial orders for Xiaomi’s YU7 electric sport utility vehicle sent shares in the automotive newcomer to ...
From expanding investment channels to building digital infrastructure, Beijing has been laying the groundwork to promote ...
A global markets sell-off spurred by an unwinding of yen-funded carry trades has turned the spotlight on China's yuan, which is also used widely as a cheap funding currency.
China's yuan slipped against the dollar while falling to a near two-year low versus its major trading partners on Friday, as U.S. President Donald Trump and Chinese leader Xi Jinping held a ...
Editor’s Note: Sign up for CNN’s Meanwhile in China newsletter, which explores what you need to know about the country’s rise and how it impacts the world. Hong Kong CNN — Chinese shares ...
There are already signs that the fall in the yuan is limiting the ability of the central bank to lower rates. The Chinese yuan is widely expected to depreciate against an ascendant U.S. dollar.
But the recent flurry of settlements in yuan do constitute some progress toward Chinese leader Xi Jinping’s vision: with China at the helm of a global economic order that is insulated from the ...
The Chinese yuan is losing value, yet gaining ground Low interest rates have a paradoxical effect. Share. Guangdong, where it all began Image: Getty Images. ... sign up to Money Talks, our ...
The Chinese blockchain was planning to move its headquarters to Hong Kong, its co-founder said at an event in January. Other crypto firms are also creating yuan-pegged stablecoins.
Chinese Yuan At A Glance: There And Back Again. ... Many Chinese firms were ill-prepared for a trade war, ... The CNH-CNY spread can be used as a sign of speculative pressure in either direction.
Chinese and foreign companies signed deals worth approximately 40 billion yuan ($5.5 billion) during the Shanghai Cooperation ...
Chinese shipyard signs yuan-based deals for 12 vessels. By . Chu Daye. Chu Daye is a business reporter at the Global Times focusing on general topics, trade, investment and energy.
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