Chinese nationals and travel operators who spoke to CNA said the reality on the ground is “very different” and urged travellers to look beyond sensational things being said online.
Replacing the Hong Kong dollar with the yuan would not only benefit Hong Kong ... As early as 230BC, one of the greatest achievements of emperor Qin Shi Huang was standardising currency.
Markets in China and Hong Kong fell Wednesday after U.S. President Trump reiterated ... The Shanghai Composite Index, another benchmark, was also 1.1% lower. The offshore yuan, which trades freely, ...
Mainland China stars Wang Baoqiang and Liu Haoran reunite for a fourth round of high-stakes snooping in Detective Chinatown ...
China has unveiled fresh measures to strengthen Hong Kong’s role as an offshore yuan financing hub, including establishing a new yuan funding facility for banks and companies and expanding ...
HONG KONG, Jan 13 (Reuters) - Hong Kong will launch a new yuan-denominated trade finance scheme and expand the hours and scope of its Bond Connect program for mainland China investors, Eddie Yue ...
China expanded its support for the beleaguered yuan with a plan to issue a record amount of bills in the Hong Kong market to mop up excess liquidity. The People’s Bank of China will auction 60 ...
The People's Bank of China (PBOC) and the Hong Kong Monetary Authority (HKMA) will offer a 100 billion yuan (US$13.6 billion) liquidity facility for banks to help their customers obtain yuan ...
This varied clientele has turned Wong into an informal currency trader — and right now, she is betting that the Chinese yuan will weaken to parity against the Hong Kong dollar. The yuan has lost more ...
SHANGHAI -- The People's Bank of China on Thursday said it will issue renminbi-denominated central bank bills worth a record 60 billion yuan ($8.18 billion) in Hong Kong, in what analysts said was ...