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The leader of China’s central bank made a clear though indirect critique of the dollar’s role as the world’s main currency.
The announcement at the Lujiazui Forum comes as China accelerates efforts to expand the global use of its currency amid ...
An important point to be noted here is that China’s currency, the renminbi, remains tightly pegged to the dollar, causing it ...
Xiaomi's unit wins a significant land tender in Beijing, set to enhance its electric vehicle production capabilities. The ...
China is stepping up efforts to further open its capital market to the world, as its three major commodity futures exchanges ...
CHINA will further advance the opening-up of its financial sector and capital markets, with Shanghai spearheading the efforts ...
Global investors will gain easier access to some of the most interesting Chinese names. Read more at straitstimes.com. Read ...
The big worry with currencies is whether they will hold their value. This is fundamental to their acceptance. The ease with which governments can print more can be dangerous. With money literally ...
UOB and its subsidiary UOB China have signed agreements to become direct participants of China’s Cross-border Interbank ...
These efforts are now taking a pivotal step forward. Speaking at the Lujiazui Forum on June 18, PBoC governor Pan Gongsheng ...