Corruption and a slow adoption of the e-CNY risk undermining the groundbreaking progress that China’s digital currency has ...
China's central bank said on Friday it conducted 800 billion yuan ($110.59 billion) of outright reverse repos in November.
IMAGINE being paid hundreds of dollars a day just to tweak your energy consumption – using less electricity at night and more ...
Major investment banks and research firms project offshore yuan to weaken to an average 7.51 per dollar through the end of ...
Chinese state media reported the discovery of a gold ore deposit in central Hunan, estimated to hold over 1,000 tonnes of ...
The yuan fell against the U.S. dollar to its weakest in nearly four months after U.S. President-elect Donald Trump said he ...
China could allow its yuan to depreciate by as much as 10-15% in response to any trade wars unleashed by President-elect ...
The People's Bank of China kept the medium-term lending facility rate unchanged at 2.0% on 900 billion yuan ($124.26 billion) ...
A media outlet has claimed that China’s digital yuan project has “failed,” calling this “a sign” of President Xi’s “weakening ...
China has a rapidly aging population. Last year, about 297 million people were aged 60 or above, over one-fifth of the ...
Whether it can be sustained depends a lot on the real estate slump. Most household wealth in China is invested in property.