LONGbefore Xi Jinping became China's president this year, US Vice President Joe Biden was put in charge of the White House's effort to court him spending about 20 hours in frank and often unscripted talks to try to build trust between the two ... Helsinki Times, 1 week ago
China's push to promote the yuan in the international market is starting to take root. The yuan accounted for 8.66 percent of letters of credit and collections used in global trade finance in October, second only to the dollar and surpassing the ...Bloomberg, 1 week ago Yuan Surpassing Euro in Trade Finance Shows Ambition: Currencies La Repubblica, 1 week ago
China's state-owned companies, coddled by cheap credit and sheltered monopolies for years, face a less comfortable future after Communist Party leaders pledged to give market forces a bigger role in the economy. The nation is likely to ease ...Bloomberg, 4 weeks ago China State-Company Dominance Tested by Market Pledge: Economy La Repubblica, 3 weeks ago
China's tightest credit conditions since a record cash crunch in June are prompting global investors to call for greater transparency from the central bank in the world's second-largest economy. The benchmark seven-day repurchase rate climbed 85 ...Bloomberg, 1 month ago
China's benchmark money-market rate dropped to the lowest level in more than a week after the central bank injected cash into the financial system. The People's Bank of China added a net 29.1 billion yuan ($4.8 billion) via money-market operations ...BusinessWeek, 1 month ago
Oct. 16 (Bloomberg) -- The U.K. joined Hong Kong and Taiwan in being allowed by China to take part in a program allowing offshore yuan to be invested in Chinese securities, a move that bolsters efforts to internationalize the currency. China ...Washington Post, 1 month ago
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