China to launch offshore renminbi fund

The Chinese currency Renminbi, or the yuan, advanced 99 basis points to 6.1997 against the U.S. dollar on Friday, according to the China Foreign Exchange Trading System. In China's foreign exchange spot market, the yuan is allowed to rise or fall by ...

TUNIS (TAP) - The Chinese government donated 80 million Yuan Renminbi (20 million Tunisain dinars) to Tunisia, by virtue of an economic and technical co-operation agreement signed on Thursday between the two countries. "This donation will be ...

10:31am BST Oversea-Chinese Banking Corporation Ltd announced that the Shanghai Financial Services Office has on April 25, 2013 approved the establishment of a Renminbi fund - OCBC Capital (Shanghai) Equity Investment Fund, L.P. (OCEIF). OCEIF will ...

Renminbi (RMB) being appreciated fast, the Ministry of Commerce are finally discontent. It has been surveyed that enterprises exporting goods have been greatly impacted in relative terms. With the economy continuing being weakened and the employment ...

Renminbi's real effective exchange rate index reached 115.24 in April, growing 0.88% over a month earlier and the seven-month high, according to Bank for International Settlements on May 16. The renminbi appreciation promoted the continued inflow of ...

TAIPEI, May 17 (Xinhua) -- Outstanding renminbi-denominated deposits at financial units in Taiwan hit a record high of 60.26 billion yuan (9.72 billion U.S. dollars) as of May 15, the island's monetary authority said on Friday. The figure represents ...

The recent appreciation of the renminbi has had a major impact on Chinese exporters, especially those targeting the Japanese market, Ministry of Commerce spokesman Shen Danyang told a news briefing on Thursday. Exporters are reluctant to accept ...

New state-backed renminbi-denominated private equity funds may receive more lenient treatment for their capital when investing offshore than their non-state counterparts, private equity

The Chinese currency Renminbi, or the yuan, weakened 35 basis points to 6.207 against the U.S. dollar on Wednesday, according to the China Foreign Exchange Trading System. In China's foreign exchange spot market, the yuan is allowed to rise or fall ...