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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
Chinese local gov'ts issue 8.47 trln yuan new bonds in first 10 months
China issued new local government bonds worth 8.47 trillion yuan (about 1.19 trillion U.S. dollars) in the first 10 months of this year, the Ministry of Finance said.
December04,2023
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
Chinese local gov'ts issue nearly 7.08 trln yuan new bonds in first nine months
China issued new local government bonds worth nearly 7.08 trillion yuan (about 986.3 billion U.S. dollars) in the first nine months of this year, the Ministry of Finance said.
October30,2023
Debt risks of China's local gov'ts generally under control: MOF
China's Ministry of Finance (MOF) said on Thursday that the debt risks of local governments in the country are generally under control.
December17,2021
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
China allots environment tax revenue to local gov'ts
China will allot revenue from the environmental protection tax to local governments to motivate participation in the fight against pollution.
December28,2017
China's local gov'ts issue 3.41 trln yuan of new special bonds in H1
Local governments in China issued 3.41 trillion yuan (about 507 billion U.S. dollars) worth of new special bonds in the first half of this year (H1), the Ministry of Finance said Thursday.
July15,2022
Local gov'ts step up bond issuance to finance major projects
China's local governments ramped up bond issuance in the first two months of the year to ensure enough funding for major projects and stabilize investment.
March21,2019
Local gov’ts mull policies to support private enterprises' upgrading
Local governments are mulling more policies to support the transformation and upgrading of private enterprises, according to a source at the chairman meeting of All-China Federation of Industry and Commerce held in Jinan, capital of east China's...
November12,2018
China's local gov'ts debt balance within targeted ceiling in 2017
The balance of local government debt stood at 16.5 trillion yuan (2.6 trillion U.S. dollars) by the end of 2017, below the government ceiling of 18.8 trillion yuan, official data showed Wednesday.
January18,2018
Local gov'ts issue bonds worth 418 bln yuan in January
China's local authorities raised a total of 418 billion yuan (about 62.31 billion U.S. dollars) through bond issuance last month.
February02,2019
Chinese local gov'ts issue over 1 trln yuan new special bonds
China's local government special bonds worth about 1.02 trillion yuan (about 144 billion U.S. dollars) had been issued as of March 19, according to a report from the China Securities Journal.
March23,2020
China's local gov'ts issue bonds worth 3.49 trln yuan by end-June
China's local governments have issued around 3.49 trillion yuan (about 496.5 billion U.S. dollars) worth of bonds in the first half of this year, official data showed Wednesday.
July08,2020
Multiple local gov'ts in China issue coupons to spur consumption in Mid-Autumn Festival, National Day holidays
Multiple local governments in China have issued coupons to stimulate consumption in the Mid-Autumn Festival holiday (September 19-21) and the upcoming National Day holiday (October 1-7), reported Securities Daily Sunday.
September27,2021
China's local gov'ts issue bonds worth 1.9 trln yuan in first four months
China's local governments have issued 1.9 trillion yuan (about 268.4 billion U.S. dollars) worth of bonds in the first four months of this year at an average interest rate lower than last year, official data showed.
May11,2020
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
Chinese battery technology company AESC's battery gigafactory starts production in France
AESC, a leading Chinese battery technology company specialized in the development and manufacturing of advanced batteries for electric vehicles (EVs) and energy storage systems, recently put its battery gigafactory in Douai, France into production.
June10,2025
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