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Former central bank official says keeping yuan stable "crucial"
It is crucial to maintain a basically stable exchange rate of the Chinese currency renminbi, or yuan, amid current circumstances, according to a former official of the country's central bank.
July09,2019
China's new yuan loans expand in January
China's new yuan-denominated loans stood at 3.23 trillion yuan (about 477 billion U.S. dollars) in January 2019, up 328.4 billion yuan year on year, central bank data showed Friday.
February15,2019
Overseas investors hold more yuan bonds in 2018
Chinese yuan-denominated bonds gained popularity with overseas investors last year, as China's bond market opened up wider to the world.
January29,2019
China's yuan funds outstanding for foreign exchange fall in Dec.
China's yuan funds outstanding for foreign exchange continued to decline in December, central bank's data showed.
January17,2019
China's new yuan loans see stable growth in 2018
China's new yuan loans saw a stable increase last year as the financial sector stepped up efforts to support the real economy, particularly for small firms.
January16,2019
China's new yuan loans increase in December
China's new yuan-denominated loans stood at 1.08 trillion yuan (about 160 billion U.S. dollars) in December 2018, up 499.5 billion yuan year on year, central bank data showed Tuesday.
January16,2019
Chinese yuan gains international popularity amid accelerated B&R co-op
Chinese currency renminbi (RMB), or the yuan, has gained a bigger popularity overseas, especially in countries along the Belt and Road as the B&R construction advances smoothly.
January07,2019
Yuan internationalization making steady progress
The Chinese currency renminbi (RMB), or the yuan, has taken solid steps in its internationalization thanks to the country's steady efforts to further integrate into the world economy.
December12,2018
China's new yuan loans increase in November
China's new yuan-denominated loans stood at 1.25 trillion yuan (about 181 billion U.S. dollars) in November, up from 697 billion yuan in October, central bank data showed Tuesday.
December12,2018
China's new yuan loans hit new high in January
China's new yuan-denominated loans hit 2.9 trillion yuan (about 458.2 billion U.S. dollars) for January, 867 billion yuan more than the same period a year earlier and a record high, according to central bank data released Monday.
February13,2018
Experts expect RMB internationalization to increase momentum
The Use of the Chinese currency renminbi (RMB), or the yuan is expected to increase going forward, HSBC's Asian Economics Research co-head Frederic Neumann said on Monday.
January23,2018
China's new yuan loans rise lower than expected
China's new yuan-denominated lending in December hit 584.4 billion yuan (about 90 billion U.S. dollars), 460 billion yuan less than the same period one year ago, central bank data showed Friday.
January15,2018
Chinese yuan slightly weaker in November: index
China's yuan has slightly weakened against a basket of currencies in November, according to an index released by the China Foreign Exchange Trade System (CFETS).
December04,2017
China's micro-credit firms extend more new yuan loans
China's micro-credit companies extended 31.3 billion yuan (4.6 billion U.S. dollars) of new yuan-denominated loans in the first half of the year, central bank data showed Wednesday.
July27,2017
Yuan to steadily become convertible on capital account: central bank
China will steadily liberalize the yuan's use on the capital account, which makes the currency convertible for investment purposes, as part of the country's strategy to make the yuan a global currency, the central bank said on Monday.
March28,2017
Yuan stable in February, more flexible in future
The Chinese yuan remained stable against a basket of currencies in February and more flexibility will be seen in its exchange rate, a central bank affiliate said Wednesday.
March09,2017
Yuan stable in February, more flexible in future
The Chinese yuan remained stable against a basket of currencies in February and more flexibility will be seen in its exchange rate, a central bank affiliate said Wednesday.
March09,2017
China's new yuan loans rise in January
Chinese banks extended 2 trillion yuan (about 295 billion U.S. dollars) of new yuan loans in January, up from 1 trillion yuan a month ago, central bank data showed Tuesday.
February15,2017
China's yuan will stabilize around current level: expert
While fluctuations will continue, China's yuan will stabilize around current level as China's economy improves, and the country's relations with the U.S. advance, said a foreign exchange expert on Sunday.
February13,2017
China's yuan funds for foreign exchange drop in December
The Chinese central bank's yuan funds outstanding for foreign exchange (forex) continued to decline in December weighed on by lingering capital outflow pressures.
January17,2017
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