Huawei's chairman said on Wednesday that the tech company's annual revenue exceeded 860 billion yuan ($118.27 billion) last ...

China's film market achieved a record high of 9.5 billion yuan ($1.3 billion) in takings over the Lunar New Year period, 18.8 ...

A worker counts Chinese currency renminbi at a bank in Linyi, East China's Shandong province. [Photo/Xinhua] BEIJING -- ...

In China’s economic downturn, food-delivery workers toiling under unforgiving rules and dwindling pay say they don’t see a ...

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 threat, raising the prospect of a rapprochement as both sides look to gain ...

China’s ambition to further internationalize the use of the renminbi has continued to make progress as the number of participants and the amount of the currency handled through its own payment and ...

The Hong Kong Monetary Authority (HKMA) has announced the imminent launch of a Rmb100bn (US$13.64bn) trade finance liquidity facility to support Hong Kong banks’ trade finance offerings to corporate ...

CHINA announced more tools to support its weak currency on Monday (Jan 13), unveiling plans to park more US dollars in Hong Kong to bolster the renminbi and to improve capital flows by allowing ...

China’s central bank has stepped up efforts to cool the bond market by temporarily suspending its open market purchases of government bonds, following recent warnings and heavy fines targeting ...

which would foster the development of capital markets and help the internationalisation of the renminbi.

The bill issuance is aimed at improving the yield curve for renminbi bonds in Hong Kong, the PBOC said on a notice posted on the Hong Kong Monetary Authority’s website, referring to the official ...