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Chinese currency
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Chinese Wholesale Products Have Officially Achieved Global Domination
Aug 12, 2019China has been frequently referred to as “the world’s factory”, but why? The Beijing government and the citizens of China are extremely proud of their ever growing economy. One of the reasons for the boom in China's ...
Tags: Chinese Wholesale
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Coloredge Announces New Operations in China
Jul 24, 2017Coloredge, the largest provider of visual marketing solutions for upscale brands and retailers, announced that it has extended its large-format printing operations to China. The new expansion reflects Coloredge's commitment to scaling ...
Tags: Coloredge, visual marketing
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China Is Facing Growth Deceleration
Dec 12, 2016A slowdown in China is the greatest threat to the global economy, Harvard economist Kenneth Rogoff told BBC in a curious interview in late September. "The [Chinese] economy is slowing down much more than the official figures show." As the ...
Tags: Chinese economy, global economy
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RMB Weakens to 6.8972 Against USD Friday
Dec 9, 2016The central parity rate of the Chinese currency renminbi, or the yuan, weakened 241 basis points to 6.8972 against the U.S. dollar Friday, according to the China Foreign Exchange Trading System. In China's spot foreign exchange market, ...
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China LED Material, Chip Makers Hike Prices
Dec 8, 2016China-based makers of LED materials, including aluminum substrates, copper foil and plastic materials, have hiked quotes by 30-40%, sending China-based LED chip makers raising prices by about 10%. China-based LED packaging service providers ...
Tags: LED Material, LED Chip
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China's Oct. Exports Down 3.2%, Imports up 3.2%
Nov 9, 2016China's exports growth narrowed from previous drops in October while imports accelerated growth, however weak global demand might weigh on future trade growth. Exports measured in yuan fell 3.2 percent year on year in October, a slower ...
Tags: trade surplus, exports growth
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Yuan Tumble Unlikely Despite Weakening
Oct 24, 2016Though the Chinese currency renminbi, or the yuan, weakened to a six-year low against the U.S. dollar Friday, analysts said a sharp drop is unlikely despite persistent depreciation pressure. The central parity rate of the yuan retreated ...
Tags: Chinese currency, renminbi
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RMB Records Weakening Streak Against USD
Oct 13, 2016The central parity rate of the Chinese currency renminbi, or the yuan, weakened another 160 basis points to 6.7258 against the U.S. dollar Wednesday, according to the China Foreign Exchange Trade System (CFETS). It was the weakest level ...
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Renminbi's Inclusion in SDR
Oct 9, 2016"The inclusion of the renminbi in the SDR is the biggest structural event in currency markets since the creation of the euro66." This was the title of a recent article published on the Euromoney website. This neatly sums up the view of ...
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China's Yuan Further Weakens
Jul 19, 2016The Chinese currency renminbi, or the yuan, continued to weaken on Tuesday but analysts said more sharp depreciation is unlikely. The central parity rate of the yuan weakened 10 basis points to 6.6971 against the U.S. dollar, the weakest ...
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Yuan Widely Used to Settle Payments
Apr 5, 2016The global transaction services organization SWIFT says the Chinese currency is increasingly being used by financial institutions worldwide to settle transactions. The organization said the yuan remained the fifth most used currency for ...
Tags: SWIFT, Chinese currency
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UAE, China Agree to Set up RMB Clearing Hub
Dec 28, 2015The United Arab Emirates (UAE) has signed an agreement with China to set up a clearing hub for the Chinese currency Yuan or Renminbi, local UAE media reported on Sunday. The UAE clearing hub for the Chinese currency, which will satisfy ...
Tags: RMB Clearing Hub
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China's Top Think Tank Forecasts 6.8 Percent Growth
Dec 22, 2015China's top think tank predicts that China will see its economic growth post between 6.6 and 6.8 percent in the coming year. The number comes ahead of a major economic conference this week, during which authorities are to evaluate the ...
Tags: China's Top Think Tank, Growth
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Ten Keywords for China-U.S. Relations in 2015
Dec 18, 2015Throughout 2015, the world has watched with great interest the development of China-U.S. relations, as many believe almost every interaction between the world's top two economies has a bearing on all major global issues. Here are some ...
Tags: China-U.S.Relations
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Clamor of Chinese Tourists Most Complained Overseas
Dec 17, 2015A photo shows Chinese tourists travelling overseas. [Photo: sina.com] A new report suggests that 'clamor' - shouting and excessive noise - prompt the most complaints about Chinese tourists in foreign destinations. It reached locals from ...
