China’s largest state-run banks spent this week aggressively buying US dollars in the onshore market, and then didn’t do a ...

China's major state-owned banks bought dollars in the onshore spot market this week and held on to them in an unusually ...

Chinese state-owned banks have been buying up the yuan and selling the dollar, Reuters reported. That comes as China's central bank lowers the dollar-yuan daily fixing rate to a three and half month ...

The post-COVID economic recovery in China weakened in Q2, which has forced the Chinese government to deploy a fresh stimulus package to assist the economy. The U.S. dollar has been gaining against the ...

Chinese firms’ dollar-bond issuance hit the lowest level in a decade during the second quarter, and there are few near-term catalysts to reverse the trend as cheap onshore borrowing costs, a property ...

SHANGHAI, March 6 (Reuters) - Some Chinese companies are holding on to dollar revenues from exports, while others are turning to foreign exchange hedging in anticipation of a fall in the value of the ...

The Chinese yuan (also known as the renminbi) is a fixed currency that is allowed to trade within a band selected by the People's Bank of China (PBoC). The PBoC chooses a midpoint and allows the ...

An unprecedented rally in Chinese developers’ junk dollar bonds is losing steam, pushing the market toward a crossroads as investor views diverge and borrowers greet banks’ deal pitching frenzy with ...

Uneasiness grew in Chungking with each new shipment of fresh Chinese bank notes from the U.S. As the big transports from over the Hump brought ton after ton of baled currency, the people who ...

SHANGHAI, March 6 (Reuters) - Some Chinese companies are holding on to dollar revenues from exports, while others are turning to foreign exchange hedging in anticipation of a fall in the value of the ...