While the central bank is unlikely to say it will no longer uphold the currency, it will emphasize allowing the markets more power in deciding the yuan’s value, a second source with knowledge of ...

Cash-strapped China Vanke said its major shareholder, state-owned Shenzhen Metro, is giving it a 2.8 billion yuan ($383.12 ...

The offshore yuan extended losses with regional peers, as China and the US slapped tariffs on each others’ exports as the trade war came to life. The offshore yuan slid as much as 0.3% while ...

Huangpu district in Guangzhou, Guangdong province, has commenced construction on 117 projects following the signing of 35 ...

BEIJING, Jan 13 (Reuters) - The value of China's imports and exports with Russia reached 1.74 trillion yuan ($237 billion) in 2024, a record high, Chinese customs data showed on Monday ...

Vanke's announcement boosted investor confidence on its ability to repay its near-term financial debt, including a 3 billion yuan onshore bond due on Monday. Unlike the redemption of the 2027 notes, ...

The yuan has lost more than 12% of its value against its neighboring currency over the past three years, putting it on course to hit parity for the first time since 2007. The decline has hurt ...

(Bloomberg) — For investors in China, fighting another trade war with the US will feel like anything but been there and done that. A lot has changed since the last trade war in 2018-19, not ...

But a weaker yuan "could exacerbate trade tensions with the United States, hindering negotiations to bring tariffs back down", said Murphy Cruise. He added that a "rapid drop" in its value could ...