Authorities last week also launched the country's most aggressive stimulus package since the COVID-19 pandemic ...

NIO plans to invest 10 billion yuan in NIO China, while a group of investors comprising Hefei Jianheng New Energy Automobile Investment Fund Partnership, Anhui Provincial Emerging Industry Investment ...

Russia’s reliance on China’s yuan has become a cornerstone of its economic activities since Western sanctions heavily ...

The following are the central parity rates of the Chinese currency renminbi, or the yuan, against 25 major currencies ...

Last week, authorities launched the most aggressive stimulus package since the COVID-19 pandemic. Reuters reported on Thursday that 1 trillion yuan ($142.56 billion) will be raised through special ...

Beijing's raft of stimulus measures drove a rally in China's yuan last week, even as interest rates were lowered, as ...

Customers shop with their pet at Marsmart pet store in THE BOX Youth Energy Center in Chaoyang district, Beijing, on Aug 16, ...

"An abrupt shortage of yuan or a complete refusal to accept payments from Russia by Chinese banks is possible." ...

China's economy is grappling with the significant challenge of weak consumer demand. Data from second-quarter GDP growth show ...

Nio, which operates in a capital-intensive industry, is to receive a much-needed cash boost, which could come in handy amid ...

Russian banks have nearly run out of their yuan stash, thanks to Chinese firms being more hesitant to do business with the ...

Chinese President Xi Jinping wants a strong yuan, not a superpower currency. Rather than replacing the dominant U.S. dollar, ...