News

China's tech giants JD.com and Alibaba affiliate Ant Group are urging the central bank to authorise yuan-based stablecoins to ...
Central bank gold purchases rose again in May, beating the previous month's figure as conflict increased in the Middle East.
China lifted its official yuan midpoint to its strongest since November on Tuesday, but pressured its value versus its major ...
As China’s post-pandemic recovery falters and deflationary signals deepen, the People’s Bank of China (PBoC) has begun ...
China is pursuing a strategy of selective RMB integration – eschewing full capital account liberalization and avoiding a ...
The People's Bank of China (PBOC), the country's central bank, on Friday began to solicit public opinions on a set of draft rules for the Cross-Border Interbank Payment System (CIPS) as part of ...
A resilient domestic economy and US debt fears could see the Chinese currency appreciate further, analysts say.
Alibaba and JD.com urge central bank approval for yuan-based stablecoins to counter US dollar dominance in $247B global ...
The positive momentum was further backed up by trade talks between China and the US in May and June, which helped revitalize ...
A digital currency pegged to the offshore yuan would be more workable in Hong Kong than mainland China, the central bank ...
China’s central bank explores stablecoins for cross-border payments despite crypto ban. This follows US moves to regulate and promote dollar-backed stablecoins.
China ranks fourth in terms of its global financial competitiveness this year, following the United States, United Kingdom ...