yuan
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Nearly 3,000 people are unable to withdraw their money from their banks. Their deposits reportedly amount to 1.2 billion yuan—or close to $180 million.
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BEIJING—The Chinese regime is easing exchange rate controls to let the Russian ruble fall faster in value against the Chinese yuan to help insulate Beijing from ...
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SHANGHAI/SINGAPORE—A mountain of dollars on deposit in China has grown so large that banks are struggling to loan the currency and traders say it poses a ...
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Federal Reserve Chair Jerome Powell says he isn’t worried that China has a head start in the race for a government-issued digital currency. He says it’s ...
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China's planned digital yuan will not dethrone the dollar, a top Securities and Exchange Commission official said on Thursday.
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A company in China is reportedly paying some employees with China’s new digital currency, the digital yuan. With a digital currency, there’s no cash, all transactions ...
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Chinese authorities have lifted reserve requirements to allow money to be more easily converted into other currencies. They want the Yuan to become weaker against the ...
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SHANGHAI/HONG KONG—China’s yuan slumped to a fresh 11-year low against the dollar on Aug. 26 and stocks fell as the Sino-U.S. trade war sharply escalated, threatening ...
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BEIJING (AP) — China’s central bank raised short-term interest rates Thursday following the U.S. rate increase as Beijing tries to shore up the value of its ...