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The gradual shift away from the dollar erodes one of the building blocks of global trade. For decades, it has been ubiquitous ...
Banks and brokers are seeing rising demand for currency derivatives that bypass the dollar, as trade tensions add a sense of ...
The People’s Bank of China (PBOC) set the USD/CNY central rate for the trading session ahead on Friday at 7.2095 as compared to the previous day's fix of 7.2073 and 7.2581 Reuters estimate.
In a compact shop no larger than 10 square meters, Tao Yang, a vendor in Yiwu — a city in Zhejiang Province known as “the ...
The Yizhuang Development Zone aims to establish a nationally leading AI industry ecosystem using only Chinese technology.
China's central bank has approved foreign exchange purchases by some commercial banks to pay for gold imports under recently ...
(Yicai) May 8 -- China's foreign exchange reserves climbed 1.3 percent in April from the month before, with gold reserves ...
Trump's tariffs, set as high as 145% on imports from China, have begun to take a toll on its export-dependent economy at a ...
The announcement comes just after U.S. and Chinese officials confirmed that the two countries will meet for trade talks in ...
The People’s Bank of China (PBOC) will cut the borrowing cost of its seven-day reverse repurchase agreements, its benchmark ...
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