China has scrapped a restriction on cross-border capital movement imposed in January, in what is believed to be the first concrete move to loosen capital controls since authorities began imposing curbs designed to shield the renminbi from downward pr...
The renminbis seemingly endless grind lower against the US dollar has been one of the financial stories of 2016, triggering a wave of capital outflows from China that Goldman Sachs estimates may have totalled $1.1tn since August 2015. 人民币兑美元...
China announced it will launch direct trading of its currency yuan with seven more currencies on its inter-bank foreign exchange market. 我国宣布将在银行间外汇市场新开展人民币对7种货币的直接交易。 The seven added currenci...
Chinas local-currency loans and broader liquidity grew more than expected last month but at rates nowhere close to the acceleration seen earlier this year. 上月，中国本币贷款和更广义流动性的增长超过预期，但增速远不及今年...
The central parity rate of the Chinese yuan continued to weaken Tuesday after hitting a six-year low against the US dollar Monday. 人民币对美元汇率中间价周一跌至6年来最低水平后，周二继续下跌。 Analysts say this indicates...
Chinas currency suffered its biggest monthly depreciation since its devaluation last August as the central bank denied claims that it had abandoned market-orientated exchange rate reform. 人民币出现自去年8月贬值以来最大单月跌幅，与...
Chinas central bank set its daily currency fix at the lowest level in five years, tracking a weaker market price as the dollar rally took its toll on the renminbi. 中国央行将每日人民币汇率中间价定在五年来的最低水平，以追踪较...
China, the world's top gold producer and consumer, launched a yuan-denominated gold benchmark on Tuesday. 作为全球黄金生产消费第一大国，本周二，我国发布了以人民币计价的黄金基准价格。 The first Shanghai gold bench...
HK dollar remains relatively strong against RMB as the banknote in Hong Kong is pegged to the US dollar. After the RMB hit its highest point against HK dollar in early 2014, it has depreciated by some 10 percent as of now, which means it is cheaper t...
China has revalued its currency, the yuan, and linked it to a basket of currencies—though it is not yet clear how far it will be allowed to rise. The move may ease trade tension with America, though...
