China February new bank loans fall to 1.01 trillion yuan, below forecasts
China's banks extended 1.01 trillion yuan ($139.66 billion) of new loans in February, well below analysts' forecasts, ...
US-blacklisted Zhipu AI gets fresh funding from Chinese state firm
Chinese AI startup Zhipu AI secured 500 million yuan ($69.04 million) in funding from state-owned Huafa Group, just earlier ...
Xinhuanet4d
Chinese yuan strengthens to 7.1696 against USD Wednesday
BEIJING, March 12 (Xinhua) -- The central parity rate of the Chinese currency renminbi, or the yuan, strengthened 45 pips to 7.1696 against the U.S. dollar Wednesday, according to the China Foreign ...
Xinhuanet6d
Chinese yuan weakens to 7.1733 against USD Monday
BEIJING, March 10 (Xinhua) -- The central parity rate of the Chinese currency renminbi, or the yuan, weakened 28 pips to 7.1733 against the U.S. dollar Monday, according to the China Foreign Exchange ...
International Monetary Fund11y
Will the Renminbi Rule?
The existing reserve currencies dominate; only a paltry 0.1 percent of international debt is denominated in renminbi. While the absolute size of the debt securities market in China is small from a ...
UPDATE 1-China to set up national venture capital guidance fund, state planner says
China will set up a government-backed fund in the near future that will mobilize 1 trillion yuan ($138.01 billion) from social capital to support technology startups, Zheng Shanjie, the head of ...