BlackRock licensed to invest further in China

China Unicom has successfully issued the offshore renminbi bonds in the aggregate amount of CNY 4.0 billion. The bonds, which are listed on the Hong Kong stock exchange, mature in three years and carry a coupon rate of 4 percent per annum. This is ...

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China's onshore Renminbi, or CNY, slightly edged up against the US dollar in the spot market on Thursday after the USD/CNY central parity rate was down from a seven-month high on better-than-expected economic data. The spot USD/CNY hovered around ...

Taiwan's renminbi deposit outstanding hit CNY 268.392 billion by the end of March, a record high and growing CNY 21.341 billion over the previous month, according to Taiwan's monetary policy authority. As of the end of March, Taiwan's domestic ...

Hong Kong-listed Citic Pacific Ltd., on Wednesday, April 16, announced with much fanfare the 227 billion renminbi ($36.5 billion) purchase of the main operating entity of parent Citic Group Corp. In reality, it is doing no such thing. The ...

Beijing - China said on Wednesday that it will push forward with reform of its renminbi exchange rate mechanism after the United States criticised Beijing for keeping its currency weak. China hopes the United States can see this clearly and ...

This post was edited by LaughsatYou at 2014-4-11 05:07 ZhuJon Post time: 2014-4-11 02:50 "Quantitative easing" or in other words printing billions of US$ toilet paper is currency manipulati ... Not at all. You are just showing your ignorance ...

The Chinese currency renminbi, or yuan, weakened 40 basis points to 6.1571 against the U.S. dollar on Tuesday, according to the China Foreign Exchange Trading System. In China's foreign exchange spot market, the yuan is allowed to rise or fall by 2 ...

By 2015, about 30% of China's cross-border trade will be settled in the renminbi Meet the next global currency. China's renminbi (RMB), also called the redback, in 2013 became one of the world's top 10 most-used currencies. By 2020 it will be ...