File photo shows a bank staff member counts U.S. dollar banknotes at a bank in Tancheng County of Linyi City, east China\’s Shandong Province. (Xinhua/Zhang Chunlei)
BEIJING, May 7 (Xinhua) — China\’s
Tag: dollar
European banks pull back after collapse of First Republic in U.S.
This photo taken on April 24, 2023 shows an exterior view of a branch of First Republic Bank in Millbrae, California, the United States. (Photo by Li Jianguo/Xinhua)
The collapse of First Republic Ban
China\’s foreign exchange market off to good start
Wang Chunying, deputy head of the State Administration of Foreign Exchange, attends a press conference held by the State Council Information Office on China\’s foreign exchange market in the first quar
Feature: Protests against NATO held across Sweden
STOCKHOLM, April 22 (Xinhua) — \”NATO is nothing but the war machine of the United States,\” Nellie Puig, a Swede protesting his country joining the military alliance, told Xinhua in central Stockholm
Commentary: America\’s toxic relations with allies
This photo taken on April 20, 2022 shows the U.S. Federal Reserve in Washington, D.C., the United States. (Xinhua/Liu Jie)
The lastest leaks were quite embarrassing for the United States and created u
China\’s non-financial outbound direct investment up 26.3 pct in Q1
BEIJING, April 20 (Xinhua) — China\’s non-financial outbound direct investment (ODI) rose 26.3 percent year on year to 215.97 billion yuan in the first quarter of the year, official data showed Thursd
Chinese yuan trading in Russia hits new high
MOSCOW, April 11 (Xinhua) — Trading between China\’s yuan and Russia\’s ruble on the Moscow Exchange reached a record high of 39 percent in March, up from 37 percent in February, the Russian central ba
U.S. gun violence settlements prevail as reform stalls: AXIOS
NEW YORK, April 8 (Xinhua) — Families of gun violence victims in the United States can\’t get the gun control they\’ve been fighting for, but they are winning in court, major news portal AXIOS has repo
Abuse of hegemony is why de-dollarization is trending
Market expectations for the Federal Reserve to end interest rate hikes have picked up as core inflation data in the United States has dropped and the University of Michigan\’s consumer confidence index
Bangladesh raises electricity price to ease subsidy burden
DHAKA, Feb. 28 (Xinhua) — The Bangladeshi government Tuesday again raised the price of power at the retail level.The retail price of electricity will be raised by 5 percent for the third time since J