The HKMA said the facility would provide yuan funding to banks for trade finance using the onshore interest rate – the ...

The renminbi remained under pressure last week after the US imposed new tariffs on Chinese goods, risking a prolonged trade ...

RMB trade settlement is allowed, and investment schemes such as the Renminbi Qualified Foreign Institutional Investor (RQFII) Program was first launched in Hong Kong. Offshore RMB activities ...

Interest in developing their own central bank digital currencies remains strong among central banks worldwide, but so far, ...

3. China's General Administration of Customs on January 12 unveiled 16 key measures aimed at further energizing the country's central region. These measures focus on central region in building hubs ...

ADB's pioneering efforts in issuing local currency bonds over the past 20 years have not only mitigated currency risks for borrowers but also opened local markets to foreign investment and development ...

China’s offshore yuan has solidified its position as a widely tapped currency in institutional and corporate financing on the ...

The renminbi remained under pressure last week ... buyers of Chinese goods pause their purchases as they wait for a trade settlement. However, China’s economy will likely continue doing well ...

China tax brief for January 2025, we spotlight policies and measures just announced or scheduled for implementation.

Last year, 12,400 new market entities in Shanghai chose RMB for cross-border settlement, of which 30 percent were those specializing in trade in goods. An increasing number of enterprises have chosen ...