Yuan usage has been on the rise since Russia was ejected from the US dollar system after its invasion of Ukraine in February 2022. A vast majority of China and Russia’s US$240 billion trade last ...
SHANGHAI, Aug 23 (Reuters) - China's yuan inched higher against a softer dollar on Friday and looked set for the fifth straight weekly gain, its longest winning streak in more than three years.
China's sports industry has grown significantly over the years, with its added value registering an average annual growth of 15.4% from 2012 to 2022. The foreign trade of sports services reached 52.89 ...
Wherever you’re headed, travelers should note you’ll have to complete a customs declaration form if you leave China with more ... Calculating the conversion of yuan to dollars is fairly ...
China set its daily reference rate for the yuan broadly in line with expectations for the first time in more than a year, signaling its comfort with current currency levels following a rebound.
On this episode of China Field Notes, Scott Kennedy speaks with Yuan Haiying, one of the pioneers of the government affairs profession in China. Yuan explains the origins of the industry, how it has ...
It’s likely to narrow investment options for global investors in China as a sluggish economy and geopolitical tensions hurt sentiment in yuan assets. “Foreign inflows should have slowed a lot ...
SHANGHAI, Aug 23 (Reuters) - Having spent all year trying to put a floor under the tumbling yuan, China's central bank is suddenly faced with the opposite problem and is turning to subtle ways to ...
SHANGHAI: China’s yuan inched higher against a weakening US dollar on Friday as President Xi Jinping’s call to step up efforts to hit Beijing’s annual economic growth target heightened ...