Despite these recent developments, UBS has decided not to alter its baseline forecast for China, which predicts a GDP growth rate of 4.0% in 2025. This forecast includes the anticipation of US ...
A worker counts Chinese currency renminbi at a bank in Linyi, East China's Shandong province. [Photo/Xinhua] BEIJING -- ...
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Hong Kong’s total deposits up 7.1% in 2024
Renminbi deposits fell, whilst RMB remittance rose in December. Total deposits with authorized institutions in Hong Kong rose ...
In China’s economic downturn, food-delivery workers toiling under unforgiving rules and dwindling pay say they don’t see a ...
China and many other countries buy U.S. debt through the purchase of Treasury bonds. Here are the factors behind those purchases.
The system automatically converts Renminbi payments to Hong Kong dollars. WeChat Pay HK has expanded its cross-border payment ...
The following are the central parity rates of the Chinese currency renminbi, or the yuan, against 25 major currencies announced on Monday by the ...
SINGAPORE (Reuters) - Indebted property developer China Vanke Co Ltd is in advanced talks to sell a controlling stake in VX ...
BEIJING (Reuters) -ByteDance, the Chinese owner of TikTok, has earmarked over 150 billion yuan ($20.64 billion) in capital ...
Cross-border renminbi settlement realized in Shanghai hit a record high of 29.8 trillion yuan ($4.1 trillion) in 2024, People ...
Donald Trump unexpectedly held off tariffs on China on his first day back at the White House and did not single it out as a ...
New Oriental Education & Technology Group (EDU) reports mixed FQ2 earnings, with revenue up but EPS falling short.