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Tag: renminbi

Overseas institutions encouraged to invest in domestic tech companies

wangxiao04/29/20240

China has rolled out a package of well-focused policy measures to facilitate investment by overseas institutions in Chinese technology-oriented enterprises, another step by the world\’s second-largest

Ministry of Finance to issue first batch of renminbi treasury bonds in HK

wangxiao02/28/20240

BEIJING, Feb. 28 (Xinhua) — The Ministry of Finance said on Wednesday that it will issue this year\’s first batch of renminbi-denominated treasury bonds in Hong Kong on March 13.
The scale of the bond

Market movement indicates turnaround

wangxiao01/23/20240

The recent deep adjustments in the A-share market, the result of weak investor sentiment, may indicate room for a market turnaround, as China\’s improving economic fundamentals and its dedication to ad

BOC Phnom Penh Branch authorized as RMB clearing bank

wangxiao12/27/20230

BEIJING, Dec. 11 (Xinhua) — China\’s central bank announced on Monday that it has authorized the Bank of China (BOC) Phnom Penh Branch to be the clearing bank for renminbi (RMB) business in Cambodia.

China\’s forex reserves rise in July

wangxiao08/08/20230

File photo shows a teller picks a dollar bill among banknotes of U.S. dollar and Renminbi (RMB) at a bank in Linyi, east China\’s Shandong Province. (Xinhua/Zhang Chunlei)
BEIJING, Aug. 7 (Xinhua) — C

China\’s Shenzhen sets up over 35 mln e-CNY wallets

wangxiao07/18/20230

SHENZHEN, July 18 (Xinhua) — The southern Chinese metropolis of Shenzhen, the country\’s first pilot city for its digital fiat currency, had opened 35.94 million e-CNY wallets by the end of June, 7.6

PBOC official vows to fend off RMB\’s sharp ups, downs

wangxiao07/14/20230

BEIJING, July 14 (Xinhua) — China\’s cental bank will move to correct pro-cyclical and one-sided market behaviors when necessary to prevent sharp ups and downs of the Chinese currency renminbi (RMB),

Feature: Chinese books draw Thai fans at Bangkok Int\’l Book Fair

wangxiao04/10/20230

BANGKOK, April 9 (Xinhua) — Holding several books, including one on China\’s high-quality development, 51 year-old Wisan Chedi was searching for more books at a Chinese book exhibition booth at the Ba

China\’s small-commodity hub transacts over 1 bln digital RMB

wangxiao04/04/20230

Consumers purchase goods for the Chinese New Year at a fruit market in Yiwu, east China\’s Zhejiang Province, Jan. 17, 2023. (Photo by Gong Xianming/Xinhua)
HANGZHOU, April 3 (Xinhua) — Over 90 percen

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