China's central bank announced on August 30 of 2024 that it conducted open market government bond transactions, resulting in a net purchase of bonds with a face value of 100 billion yuan ($14 ...

Replacing the Hong Kong dollar with the yuan would not only benefit Hong Kong’s economic growth in the long run, but also help the city to better integrate with Greater China. It’s important ...

China is walking a tightrope on its currency. Economic fundamentals suggest a weaker yuan, but the specter of capital outflows still haunts Beijing, making it wary of any sharp moves in the currency.

The People’s Bank of China unleashed a monetary stimulus blitz last September in an attempt to boost the economy — and is now pushing back against a yuan slide that has been exacerbated by ...