Chinese Yuan News and Analysis from varies Financial media, we summarize all CNY news into a sitemap summary with link to related CNY News for the one who wanted to catch up Chinese Yuan price change in timely manner.
Banks Launch Support for Digital Yuan at ATMs Across Beijing The Beijing branches of two major banks in the People Republic, Industrial and Commercial Bank of China and the Agricultural Bank of China, have taken the lead…
Beijing has launched a digital yuan test program, allowing consumers to spend the digital currency at multiple merchants in the city.. On Wednesday, the Bank of Communications unveiled its digital renminbi (RMB) trial event…
Visitors at the booth of Digital Currency Institute of the People’s Bank of China during the China International Fair for Trade in Services on Sept 6.. ZHAN MIN/FOR CHINA DAILY China’s monetary authorities will designate…
A payment terminal for digital RMB is exhibited at the China International Consumer Products Expo in Haikou, Hainan province.. [Photo/Xinhua] After winning a prize in Beijing’s lottery-based digital renminbi program, Tao…
Geopolitical tensions, human rights issues, and questions about the origins of the coronavirus have left many deeply skeptical about the direction in which the world’s most populous country is heading.. The negative perception…
The central banks of Switzerland and France are joining hands with the Bank for International Settlements to test wholesale central bank digital currencies in cross-border transactions.. European Central Banks to Collaborate…
The comments followed a bot more of a muddled message from the boss, PBOC Gov Yi Gang when he hinted that the PBOC may loosen its control over the exchange rate of the yuan:. improve market-based floating exchange rate mechanism…
Financial authorities in Hong Kong have announced a second phase of trials for mainland China digital currency.. As part of the upcoming tests, the city will link the Chinese digital yuan to its domestic payments system to…
HSBC with a restrained view for RMB, looking for its appreciation to slow and prompt some range trading, not a sharp reversal.. suggest that, while there is no line in the sand, there is still a policy preference for basic…
Business Hong Kong is to test connecting China’s digital yuan with its domestic payments network, officials said on Tuesday, the second stage of experiments of China’s digital currency in the financial hub.. China’s official…
Business China’s yuan firmed on Tuesday after the central bank set a stronger midpoint for the currency’s daily trading band and as the dollar remained subdued after slightly weaker-than-expected payrolls data last week…..
China’s financial hub Shanghai will hold a lottery over the weekend giving residents the chance to win electronic “red packets”. worth nearly 20 million yuan (US$3 million) combined, as the country accelerates its testing…
BEIJING (BLOOMBERG) – China signalled its tolerance for the renminbi’s rally is fading after the authorities set the daily fixing at a weaker-than-expected level and state-run newspapers warned against rapid gains.. Beijing…
BEIJING (BLOOMBERG) – China signalled its tolerance for the renminbi’s rally is fading after the authorities set the daily fixing at a weaker-than-expected level and state-run newspapers warned against rapid gains.. Beijing…
(Photo by GREG BAKER / AFP) (Photo by GREG BAKER/AFP via Getty Images) AFP via Getty Images Week in Review Short video platform Kuaishou Technology reported Q1 results Monday.. Revenues increased 36.6% year-over-year to RMB…
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