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About 21 results for "renminbi"

After rejecting China's dam, Pakistan refuses free use of...

The Dawn reported quoting a senior government official that Pakistan was not ready to allow the Chinese yuan (renminbi) for free use in Gwadar or its treatment on a par with the US dollar in the country. Islamabad: Pakistan has refused to allow free use of ... Zee News, 2 months ago
Pak refuses to allow free use of yuan for CPEC projects Business Standard, 2 months ago

2 images for "renminbi"

MSN India, 4 months ago
Money Control, 5 months ago

Chinese yuan weakens against US dollar

he central parity rate of the Chinese currency, the renminbi or the yuan, weakened 239 basis points to 6.5207 against the US dollar on Wednesday, the lowest point in about two weeks. The softer rate came after drops in the offshore yuan against the dollar on ...
 Business Standard1 week ago Chinese yuan weakens  SME Times2 months ago

Does opportunity knock for China in Pakistan?

Both the US State Department and the Pakistan government were caught unawares when President Donald Trump tweeted on 1 January that Pakistan had provided only "lies and deceit" whilst giving safe haven to terrorists. Within three days, a scrambling State ...
 catchnews.com6 days ago

Pak replaces dollar with yuan for bilateral trade with China

FC Bureau City: New Delhi Strengthening its strategic and now financial relationship with China, Pakistan’s external relations department has taken a monumental decision. Pakistan’s central bank has allowed the Chinese yuan to be used for bilateral trade ...
 The Financial Chronicle2 weeks ago Dollar likely to get replaced by Yuan in Pakistan-China trade  Sify1 month ago

China targets 2018 rail investment of $113 billion, lowest since 2013

SHANGHAI (Reuters) - China's national railway operator said on Tuesday that the country plans to invest 732 billion yuan ($113 billion) in rail fixed assets in 2018, its lowest target since 2013. China Railway Corp. made the comments through its news ...
 Sify2 weeks ago China Renaissance sees investment arm's assets rising to $10 billion by 2020    Sify1 month ago

China will cut, remove export tariffs on some steel, fertiliser

BEIJING (Reuters) - China will cut export taxes on some steel products and fertilisers and ditch those for sales abroad of steel wire, rod and bars from Jan. 1, the Ministry of Finance said on Friday, in a series of measures that could boost shipments. The ...
 Sify1 month ago

China's warm start to winter heats up Chinese steel, mill profits

By Ruby Lian and Josephine Mason SHANGHAI (Reuters) - A warm start to the winter has boosted steel prices and margins for mills in China, the world's top producer, as the higher temperatures have allowed projects to proceed that would normally have come to a ...
 Sify1 month ago

China online finance regulator tells unqualified micro-lenders to stop lending

BEIJING (Reuters) - The National Internet Finance Association of China issued a risk warning letter late on Friday telling "unqualified institutions" to immediately stop offering loans as Beijing steps up a crackdown on the micro-loan sector to fend off ...
 Sify1 month ago Analysis: Few banks seen queuing for China's red carpet invite  Sify2 months ago China widens foreign access to its giant financial sector  Sify2 months ago

Chinese police detain seven in multi-billion underground currency scheme

SHANGHAI (Reuters) - Police in southern China have detained seven people in connection with an underground banking scheme involving more than 20 billion yuan ($3 billion), the state news agency Xinhua reported. From a suspicious bank account in Shaoguan, a ...
 Sify1 month ago

Exclusive: China's CEFC plans its own bank, as Rosneft stake bulks up trade

By Chen Aizhu BEIJING (Reuters) - CEFC China Energy, a privately-owned conglomerate which is buying a stake in Russian state oil firm Rosneft, plans to launch its own bank early next year in a latest step to build financial muscle along with its oil and gas ...
 Sify2 months ago
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