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Tag: dollars

China\’s yuan loans grow by 19.75 trln yuan in Jan.-Sept.

wangxiao10/13/20230

BEIJING, Oct. 13 (Xinhua) — China\’s yuan-denominated loans rose by 19.75 trillion yuan (about 2.75 trillion U.S. dollars) in the first nine months of this year, central bank data showed Friday.
In Se

Bank of China reports rise in cross-border renminbi settlements

wangxiao10/13/20230

BEIJING, Oct. 12 (Xinhua) — The Bank of China (BOC) said Thursday it has actively expanded cross-border renminbi products and services since the start of the year, and handled 22.59 trillion yuan (ab

Kenya\’s trade lobby opens office in China to spur Sino-Kenyan trade ties

wangxiao10/12/20230

NAIROBI, Oct. 11 (Xinhua) — The Kenya National Chamber of Commerce and Industry (KNCCI), Kenya\’s trade lobby, announced on Wednesday that it has put into operation its office in Changsha, the capital

Commentary: 10 years on, Belt and Road cooperation delivers fruitful outcomes

wangxiao10/12/20230

BEIJING, Oct. 11 (Xinhua) — A decade after its launch, the Belt and Road Initiative (BRI) has yielded substantial benefits and achieved initial success in promoting shared development and prosperity

China\’s service trade up 8 pct in first eight months

wangxiao10/11/20230

BEIJING, Oct. 10 (Xinhua) — China\’s service trade value grew 8 percent year on year in the first eight months of this year, data from the Ministry of Commerce showed on Tuesday.
The service trade val

China to cut gasoline, diesel retail prices

wangxiao10/11/20230

BEIJING, Oct. 10 (Xinhua) — China will cut the retail prices of gasoline and diesel from Wednesday, based on recent changes in international oil prices, the country\’s top economic planner said Tuesda

China futures market turnover up 6.13 pct in first three quarters

wangxiao10/11/20230

BEIJING, Oct. 10 (Xinhua) — The turnover of China\’s futures market posted strong growth in the first three quarters, data showed Tuesday.
The total transaction value of the futures market hit 425.29

Commentary: Holiday spending highlights strong vitality of China\’s economy

wangxiao10/11/20230

BEIJING, Oct. 9 (Xinhua) — China\’s eight-day Mid-Autumn Festival and National Day holiday has brought a tourism consumer market boom that highlighted the vitality and resilience of China\’s economic d

Biden signs stopgap funding bill on brink of gov\’t shutdown

wangxiao10/03/20230

This photo taken on Jan. 20, 2023 shows the White House in Washington, D.C., the United States. (Xinhua/Liu Jie)
After last year\’s midterm elections, the Republican Party retook the House, with contro

China\’s cold-chain logistics sector sees steady growth in first 8 months

wangxiao09/29/20230

BEIJING, Sept. 29 (Xinhua) — China\’s cold-chain logistics sector has maintained steady expansion in the first eight months of the year backed by strong policy support.
During the January-August perio

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