BEIJING, Jan. 18 (Xinhua) — China has sent fresh and strong signals on building itself into a financial powerhouse as part of its efforts to pursue high-quality development of the financial sector.
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Tag: currency
Shanghai FTZ\’s Lingang new area sees fruitful results of opening up
On Nov. 5, 2018, Chinese President Xi Jinping announced at the opening ceremony of the first China International Import Expo that China would expand the China (Shanghai) Pilot Free Trade Zone (FTZ) to
Bank of China transacts first direct investment in yuan in Argentina
BUENOS AIRES, Aug. 30 (Xinhua) — The Buenos Aires branch of the Bank of China on Wednesday transacted the first direct investment in yuan in Argentina, marking a new milestone in the incorporation of
China, Mongolia central banks renew currency swap agreement
BEIJING, Aug. 1 (Xinhua) — The People\’s Bank of China (PBOC), China\’s central bank, said Tuesday that upon approval by the State Council, it renewed a currency swap agreement for another three years
(Chengdu Universiade) Interview: Chengdu FISU Games showcases China\’s openness, hospitality to world, says Senegal journalist
CHENGDU, Aug. 1 (Xinhua) — The FISU World University Games serves as an opportunity to demonstrate China\’s openness and hospitality to the world, said a journalist from Senegal in an interview with X
China\’s economic recovery holds steady amid global challenges
The year 2023 is proving to be another challenging year for the global economy. Amid the global inflation crisis and the impact of the Ukraine crisis, overall growth across the board is low. Some majo
China\’s forex reserves up in June
BEIJING, July 7 (Xinhua) — China\’s foreign exchange reserves came in at 3.193 trillion U.S. dollars at the end of June, up from 3.17651 trillion U.S. dollars a month earlier, according to the State A
A Grenada journalist\’s first-hand experience of Chinese modernization
In February, I left home on a Friday evening and arrived in Beijing Monday morning, over 14,000 km later, to begin my sojourn with the China International Press Communication Center (CIPCC) visiting j
Macao\’s broad money supply retreats in April
MACAO, June 5 (Xinhua) — Macao\’s broad money supply retreated by 0.5 percent month on month to 723.2 billion patacas (about 89.6 billion U.S. dollars) in April, the special administrative region\’s (S
Fitch ratings places U.S. AAA rating on \”negative watch\” as debt ceiling deadline nears
NEW YORK, May 24 (Xinhua) — The credit rating agency Fitch Ratings announced Wednesday it has placed the U.S. AAA-rated long-term foreign-currency issuer default rating on a \”negative watch\” as the d