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Sri Lanka Signs $308 Million-Loan Agreement With China
Sri Lanka on Tuesday signed a loan agreement with China worth 2 billion Renminbi (USD 308 million) to support its COVID-19 response, economic revival and financial stability, the Chinese embassy said.
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Geely Automobile Steps Toward Mainland China Listing; Hong Kong Shares Surge
Geely Automobile Holdings Ltd said its board has approved a preliminary proposal to list new renminbi shares on mainland China's Nasdaq-like STAR board, sending its Hong Kong-listed shares up as much as 7% on Thursday.
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India Removed From US Currency Monitoring List, China Stays
The US Treasury Department has removed India from its currency monitoring list of major trading partners. It, however, continued to keep China on its watch list, while urging the Asian nation to take necessary steps to avoid a "persistently weak currency". Renminbi
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China to Allow Direct Trade of Yuan With Swiss Franc
China's national foreign exchange market will introduce direct trading of the Swiss franc, the operator said today, as the country pushes greater international use of its yuan currency.
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No Rush to Add China's Yuan to Currency Basket: IMF
The International Monetary Fund should put off any move to add the yuan to its benchmark currency basket until after September 2016, IMF staff said in a report which showed a mixed performance of the renminbi on meeting key financial norms.
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How China is Upsetting the Old Global Economic Order
With its huge new infrastructure bank and its ambitions for a globalized renminbi currency, China is leading the upending of a 70-year-old global order built on American economic power.
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US declines to name China as currency manipulator
The Obama administration has raised concerns about the value of China's currency but declined again to accuse Beijing of manipulating it.
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Currency rift with China exposes shifting clout
At a private dinner on Friday at the Canadian Embassy, finance officials from seven world economic powers focused on the most vexing international economic problem facing the Obama administration. Over seared scallops and beef tenderloin, Treasury Secretary Timothy F. Geithner urged his counterparts from Europe, Canada and Japan to help persuade Ch...
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Sri Lanka Signs $308 Million-Loan Agreement With China
Sri Lanka on Tuesday signed a loan agreement with China worth 2 billion Renminbi (USD 308 million) to support its COVID-19 response, economic revival and financial stability, the Chinese embassy said.
-
Geely Automobile Steps Toward Mainland China Listing; Hong Kong Shares Surge
Geely Automobile Holdings Ltd said its board has approved a preliminary proposal to list new renminbi shares on mainland China's Nasdaq-like STAR board, sending its Hong Kong-listed shares up as much as 7% on Thursday.
-
India Removed From US Currency Monitoring List, China Stays
The US Treasury Department has removed India from its currency monitoring list of major trading partners. It, however, continued to keep China on its watch list, while urging the Asian nation to take necessary steps to avoid a "persistently weak currency". Renminbi
-
China to Allow Direct Trade of Yuan With Swiss Franc
China's national foreign exchange market will introduce direct trading of the Swiss franc, the operator said today, as the country pushes greater international use of its yuan currency.
-
No Rush to Add China's Yuan to Currency Basket: IMF
The International Monetary Fund should put off any move to add the yuan to its benchmark currency basket until after September 2016, IMF staff said in a report which showed a mixed performance of the renminbi on meeting key financial norms.
-
How China is Upsetting the Old Global Economic Order
With its huge new infrastructure bank and its ambitions for a globalized renminbi currency, China is leading the upending of a 70-year-old global order built on American economic power.
-
US declines to name China as currency manipulator
The Obama administration has raised concerns about the value of China's currency but declined again to accuse Beijing of manipulating it.
-
Currency rift with China exposes shifting clout
At a private dinner on Friday at the Canadian Embassy, finance officials from seven world economic powers focused on the most vexing international economic problem facing the Obama administration. Over seared scallops and beef tenderloin, Treasury Secretary Timothy F. Geithner urged his counterparts from Europe, Canada and Japan to help persuade Ch...
