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Chinese yuan strengthens to 6.7042 again...
BEIJING, March 26 (Xinhua) -- The central parity rate of the Chinese currency renminbi, or the yuan, strengthened 56 basis points to 6.7042 against the U.S. dollar Tuesday, according to the China For
China Securities Co. reports profits dow...
China Securities Co. said on Tuesday that its net profits fell 23.11 percent year-on-year to 3.09 billion yuan (about 461 million U.S. dollars) in 2018, largely due to its sluggish wealth-management
Xiaomi Q4 sees strong growth in overseas...
Xiaomi, the Chinese company known for its cheap handsets and a vision to drive revenues by selling internet services, has come in ahead of analysts’ estimates in its fourth-quarter profit altho
Chinese yuan strengthens slightly last w...
BEIJING, March 4 (Xinhua) -- China's yuan strengthened slightly against a basket of currencies in the last trading week, according to a China Foreign Exchange Trade System (CFETS) index. The CFETS yu
Chinese yuan weakens slightly last week
BEIJING, March 25 (Xinhua) -- China's yuan weakened slightly against a basket of currencies last week, according to the China Foreign Exchange Trade System (CFETS) index. The CFETS yuan exchange rate
Chinese yuan weakens to 6.6957 against U...
BEIJING, March 1 (Xinhua) -- The central parity rate of the Chinese currency renminbi, or the yuan, weakened 56 basis points to 6.6957 against the U.S. dollar Friday, according to the China Foreign E
China invests 479 bln USD in transport s...
BEIJING, March 2 (Xinhua) -- Fixed-asset investment (FAI) in China's transport sector totaled 3.2 trillion yuan (about 478.9 billion U.S. dollars) last year as the country continued to spend on infra
Chinese yuan weakens to 6.7053 against U...
BEIJING, March 6 (Xinhua) -- The central parity rate of the Chinese currency renminbi, or the yuan, weakened 55.00 basis points to 6.7053 against the U.S. dollar Wednesday, according to the China For
Chinese yuan strengthens slightly last w...
BEIJING, Feb. 25 (Xinhua) -- China's yuan strengthened slightly against a basket of currencies in the last trading week, according to a China Foreign Exchange Trade System (CFETS) index. The CFETS yu
China's new yuan loans expand in Februar...
Governor of the People's Bank of China Yi Gang attends a press conference on the financial reform and development for the second session of the 13th National People's Congress (NPC) in Beijing, capit
Chinese yuan weakens to 6.7167 against U...
BEIJING, March 15 (Xinhua) -- The central parity rate of the Chinese currency renminbi, or the yuan, weakened 158.00 basis points to 6.7167 against the U.S. dollar Friday, according to the China Fore
China makes headway in fighting healthca...
Chinese authorities have filed over 2,800 cases since a nationwide campaign kicked off in January to regulate the healthcare market, Beijing News reported. The cases involved a total value of 2.9 bi
China earmarks 32.2 bln yuan for nutriti...
BEIJING, March 11 (Xinhua) -- A total of 32.2 billion yuan (4.79 billion U.S. dollars) worth of subsidies went to the nationwide nutrition improvement program in 2018, benefiting 37 million rural stu
China bond issuance reaches 3.2 trln yua...
The value of bonds issued in China last month totaled 3.2 trillion yuan (about 476.5 billion U.S. dollars), according to data from the central bank. Treasury bond issuance stood at 170 billion yuan,
China Securities Co. reports profits dow...
BEIJING, March 19 (Xinhua) -- China Securities Co. said on Tuesday that its net profits fell 23.11 percent year-on-year to 3.09 billion yuan (about 461 million U.S. dollars) in 2018, largely due to i
Chinese yuan weakens to 6.7101 against U...
BEIJING, March 20 (Xinhua) -- The central parity rate of the Chinese currency renminbi, or the yuan, weakened 39 basis points to 6.7101 against the U.S. dollar Wednesday, according to the China Forei
"Bumblebee" continues to lead Chinese bo...
Paramount's "Bumblebee" has continued to lead the Chinese mainland box office, for the second straight week, China Film News said Tuesday. The science fiction action film has raked in around 708 mill
China issues 2.4 trillion yuan of bonds ...
BEIJING, March 18 (Xinhua) -- The value of bonds issued in China totaled 2.4 trillion yuan (about 357 billion U.S. dollars) in February, the central bank said Monday. Treasury bond issuance stood at
Chinese yuan weakens to 6.711 against US...
BEIJING, March 7 (Xinhua) -- The central parity rate of the Chinese currency renminbi, or the yuan, weakened 57 basis points to 6.711 against the U.S. dollar Thursday, according to the China Foreign
Economist predicts rising status for yua...
BEIJING, March 2 (Xinhua) -- Morgan Stanley economist Robin Xing has said the Chinese yuan will receive more recognition as a global reserve currency thanks to the continued opening in the country's
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