As China’s first festival recognised by Unesco’s Intangible Cultural Heritage list, the Dragon Boat Festival commemorates the life and death of the revered poet Qu Yuan, a loyal minister who ...

China expanded its support for the beleaguered yuan with a plan to issue a record amount of bills in the Hong Kong market to mop up excess liquidity. The People’s Bank of China will auction 60 ...

Duān Wǔ Jié) is a traditional festival in China to commemorate the life and death of Qu Yuan. The legend goes that Qu Yuan served in high offices and wrote a lot of poetry about China while ...

(Bloomberg) -- China has ramped up its support for the yuan with tweaks to its capital controls and a vow to crack down on market disruption, after the currency dropped close to a record low ...

The Taiwan dollar is on the verge of overtaking the yuan as Asia’s best carry-trade target given its lower risk of interest-rate and currency volatility. A strategy of borrowing the island’s ...

China is walking a tightrope on its currency. Economic fundamentals suggest a weaker yuan, but the specter of capital outflows still haunts Beijing, making it wary of any sharp moves in the currency.

HONG KONG, Jan 13 (Reuters) - Hong Kong will launch a new yuan-denominated trade finance scheme and expand the hours and scope of its Bond Connect program for mainland China investors, Eddie Yue ...

(Bloomberg) — For investors in China, fighting another trade war with the US will feel like anything but been there and done that. A lot has changed since the last trade war in 2018-19, not ...

SHANGHAI/HONG KONG, Jan 13 (Reuters) - China announced more tools to support its weak currency on Monday, unveiling plans to park more dollars in Hong Kong to bolster the yuan and to improve ...

China’s currency has had a rough start to 2025. Since the beginning of December, the yuan has weakened 1.3% against the dollar and is nearing a 16-month low. A dollar now buys around 7.33 yuan.

SHANGHAI -- The People's Bank of China on Thursday said it will issue renminbi-denominated central bank bills worth a record 60 billion yuan ($8.18 billion) in Hong Kong, in what analysts said was ...

The move reflects “the authorities’ discomfort with plummeting government bond yields and increasing yuan depreciation pressure”, said Mr Ken Cheung, chief Asian foreign-exchange strategist ...