A pilot scheme enabling insurers to purchase equities will be launched in the first half of 2025, with an initial scale of at least 100 billion Yuan. Meanwhile, the People’s Bank of China (PBoC ...
China’s top leaders and policymakers are considering allowing the yuan to weaken in 2025 as they brace for higher trade tariffs in a second Donald Trump presidency in the United States.
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China’s central bank has made a series of moves since January to support Hong Kong’s status as a global hub for the offshore yuan, including a 100 billion yuan trade financing facility for ...
China’s yuan-denominated loans rose by 5.13 trillion yuan ($706.19 billion) in January, according to data released by the People’s Bank of China (PBC), the central bank, on Friday. M2 ...
China’s central bank moved on multiple fronts this week and last in an effort to shore up its currency, the yuan, which has languished near a 16-month low relative to the dollar. The People’s ...
A Chinese analyst said that despite short-term fluctuations, the yuan's internationalization trend remains fast and strong. The share of the yuan in global payments was slightly down from 3.89 ...
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