Over the past year, the People’s Bank of China, which manages the renminbi’s exchange rate, has allowed a gradual ...
On Thursday, the offshore renminbi strengthened past the 7.0 level against the dollar for the first time since September 2024 ...
China's stimulus package has boosted market sentiment and pushed the Chinese yuan to a 16-month high. The People's Bank of China cut interest rates and reduced bank reserve requirements. But a strong ...
China's merchandise trade surplus surged by $111.7 billion in November, reaching an impressive $1.08 trillion for the first 11 months of the year, a 22.1% increase compared to the same period of last ...
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