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London ranks first for offshore RMB FX transactions: SWIFT
More than one third of all offshore Chinese renminbi foreign exchange transactions are carried out in the United Kingdom, according to the SWIFT renminbi tracker.
April27,2017
Economic Watch: China FX reserves wane on strong dollar, diversification
The fourth consecutive monthly decline in China's foreign exchange reserves is not as worrisome as it appears, as a stronger dollar accounts for much of the change, with Chinese companies and households embracing a longer list of investment channels overs
November09,2016
RMB to remain largely stable in H2 despite FX reserve decline: CICC
The exchange rate of the renminbi (RMB), or Chinese yuan, will remain largely stable in the second half of 2016, despite the widening foreign exchange (FX) reserve decline, a report said Thursday.
September08,2016
Chinese automaker Chery launches new hybrid car in Israel
Chinese carmaker Chery began selling a new plug-in hybrid electric vehicle (PHEV) in Israel on Sunday, its official Israeli dealership Freesbe announced in a statement.
February05,2025
Chinese automaker Chery launches new model in Israel
Chinese carmaker Chery began selling a new model in Israel on Sunday, as announced by its official Israeli dealership, Freesbe.
December16,2024
Interview: Deutsche Bank upbeat about enhancing cooperation with Chinese firms, says executive
As Chinese enterprises increasingly expand into global markets, this trend is playing a key role in promoting the internationalization of the RMB and creating new cooperation opportunities, according to a senior executive at Deutsche Bank.
October18,2024
Chinese automaker Chery launches sales of 1st EV model in Israel
The Chinese automaker Chery on Sunday began the sales of its first electric vehicle (EV) model in Israel, as announced by its official Israeli dealership Freesbe.
January22,2024
New Opportunities of China-Laos Economic and Trade Cooperation in New Era
The report mainly presents the fruitful results achieved in bilateral economic and trade cooperation, the key cooperation construction projects between the two countries, and the vast opportunities for bilateral cooperation in the future.
December08,2023
Chinese automaker Chery launches car sales in Israel
Chinese automaker Chery Automobile Corporation on Tuesday started selling three models of its cars in Israel.
November09,2022
【Financial Str. Release】CFETS launches agency trading services for RMB-FX spot, forward & swap transactions
China Foreign Exchange Trade System (CFETS) rolled out on its foreign exchange (FX) trading system agency trading functions for Renminbi (RMB)-FX spot, forward and swap transactions, reported Xinhua Finance.
July27,2022
News Analysis: Mauritius' renminbi clearing center to facilitate Africa-China trade
Mauritius now has the third clearing center for the Chinese currency renminbi (RMB), or the yuan, in Africa, after South Africa and Zambia.
December28,2022
The Monetary Policy Committee to keep the interest rate at 0.50 pct
The Monetary Policy Committee decided to leave the interest rate policy at 0.50 percent amid the COVID-19-induced recession.
June28,2021
Things to know about the 2020 CIFTIS
Things to know about the 2020 CIFTIS. The CIFTIS, themed "Global Services, Shared Prosperity," opened on Sept. 4. The six-day event included the Global Trade in Services Summit, four summit forums, and more than 100 other industry seminars and forums.
September11,2020
CITIC HIC promotes equipments "going out" amid Belt and Road Initiative
Guided by China's Belt and Road initiative, CITIC Heavy Industries Co., Ltd. (CITIC HIC, 601608.SH) has greatly promoted "going out" of China-manufactured equipments through internal and external self-development.
August19,2016
Chinese consortium wins bid for Croatia's Peljesac bridge construction
A Chinese consortium led by China Road and Bridge Corporation (CRBC) has won the bid for the construction of the first phase of Peljesac bridge and its access roads.
January16,2018
Talks on direct currency transaction between Ghana and China expected
The Governor of the Bank of Ghana, Abdul Nasiru Isahaku, has confirmed moves by Ghana and China to trade their national currencies.
May27,2016
【Financial Str. Release】CFETS launches info service for forex risk management under Bond Connect scheme
China Foreign Exchange Trade System (CFETS) rolled out information service for foreign exchange (forex or FX) risk management under the Bond Connect northbound trading on Friday, reported Xinhua Finance, a Xinhua-run financial information platform.
March12,2021
Talks on direct currency transaction between Ghana and China expected
The Governor of the Bank of Ghana, Abdul Nasiru Isahaku, has confirmed moves by Ghana and China to trade their national currencies.
May23,2016
Disney to buy 21st Century Fox' assets for 52.4 bln USD in stock
The Walt Disney Company announced Thursday a deal to acquire many parts of Twenty-First Century Fox for 52.4 billion U.S. dollars in stock.
December15,2017
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