China's recent plan to facilitate cross-border financial services has become more important at a time when both internal and ...

Chinese investors and trading companies boosted their use of the yuan in international settlements to a record last month as ...

The People's Bank of China (PBoC) is pushing state-owned enterprises to use the currency for international payments, ...

China's central bank said on Monday it was encouraging state-owned enterprises to prioritise yuan usage in payment and ...

A gauge of the offshore yuan’s borrowing cost in Hong Kong dropped to the lowest since data became available in 2013, putting ...

The decision comes amid encouraging first quarter growth figures, with GDP recording a 5.4% rise year-on-year.

Chinese auto giant BYD continued to outpace Tesla in the first quarter, reporting a doubling in net profit on robust growth ...

BYD's net profit rose 100% to $1.3 billion for the first quarter, while Tesla's slumped more than 70% in the same period.

BEIJING (Reuters) -BYD's first-quarter profit leapt 100.4% from a year earlier, the fastest pace in nearly two years, as the ...

VCG. China's Ministry of Finance (MOF) on Wednesday issued yuan-denominated sovereign bonds worth 12.5 billion yuan ($1.71 ...

BYD reported 9.15 billion yuan in net income for the first quarter of 2025, beating out Tesla for the second time in less ...