The renminbi remained under pressure last week after the US imposed new tariffs on Chinese goods, risking a prolonged trade ...
But among the currencies of the six largest economies in the world, China’s renminbi is the only one that is not traded easily and accepted worldwide—that is, it is not a hard currency. China’s ...
The Renminbi, China’s legal currency, is issued and controlled solely by the People’s Bank of China. The exchange rates of the Renminbi are decided by the People’s Bank of China and issued ...
Thomas Ruecker / Getty Images The term “Chinese yuan renminbi (CNY)” refers to the currency used in the People’s Republic of China. Although it may seem a little confusing because the names ...
The Secretary for Financial Services and the Treasury, Christopher Hui, says the administration is working to make renminbi ...
For the three months ended Dec. 31, the Chinese tech giant's revenue jumped 8 percent year-over-year to 280.1 billion ...
The central parity rate of the Chinese currency renminbi, or the yuan, strengthened 16 pips to 7.1696 against the U.S.
Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The renminbi weakened and Chinese stocks fell after US President Donald Trump said he could impose a 10 per ...
Campanella, Edoardo, and Meg Rithmire. "What Future for the Renminbi in the Global Monetary System?" Chap. 7 in U.S.-China Relations for the 2030s: Toward a Realistic Scenario for Coexistence, edited ...
Alibaba Group (BABA) on Thursday reported stronger-than-expected fiscal third-quarter results buoyed by a double-digit revenue gain in its cloud business. The Chinese e-commerce giant posted adjusted ...
The Hong Kong-based firm works with Hermès, Van Cleef & Arpels, Chopard, Albion and Laura Mercier in mainland China, Hong Kong and Macau.