The People's Bank of China lowers the deposit reserve ratio by 0.5 percentage points The People's Bank of China lowers the deposit reserve ratio by 0.5 percentage points By Ecns.cn - 24 January 2024 The People's Bank of China, the country's central bank, will lower the reserve requirement ratio by 0.5 percentage points, effective on Feb. 5, Pan Gongsheng, its governor, said at a press conference on 24th of Jan.
Yuan rebounds on corp debt quota easing Yuan rebounds on corp debt quota easing By China Daily - 21 July 2023 On Thursday, the onshore yuan jumped by 386 basis points against the U.S. dollar to 7.1811 as of 16:30, after it shed 872 basis points against the greenback in a three-day weakening streak.
Experts rule out further RMB slide Experts rule out further RMB slide By China Daily - 19 May 2023 Although the Chinese currency renminbi faced some downward pressure in the past few trading days, there is little room for it to head further south in light of the economic recovery that is on track, said experts on Thursday.
RMB records rapid growth in cross-border settlement RMB records rapid growth in cross-border settlement By chinadaily.com.cn - 09 May 2023 Cross-border settlement of the Chinese currency renminbi, or the yuan, registered rapid growth during the first quarter of this year, continuing to expand its globalization process.
China's RMB becomes Brazil's second-largest international reserve currency China's RMB becomes Brazil's second-largest international reserve currency By Xinhua - 03 April 2023 The Central Bank of Brazil announced that the Chinese currency renminbi (RMB), or the yuan, has surpassed the euro to become the country's second-largest international reserve currency.
Six Chinese sites named UNESCO Global Geoparks News Six Chinese sites named UNESCO Global Geoparks By Xinhua
Chizhou-Huangshan high-speed railway starts test operation News Chizhou-Huangshan high-speed railway starts test operation By Xinhua
View of Boao near-zero carbon demonstration zone News View of Boao near-zero carbon demonstration zone By Xinhua
World Theatre Day celebration kicks off in Langfang News World Theatre Day celebration kicks off in Langfang By Xinhua
20,000 metric tons of Thai fruits will be exported to China News 20,000 metric tons of Thai fruits will be exported to China By China Daily
PBOC calls Asian countries to push IMF quota reform News PBOC calls Asian countries to push IMF quota reform By China Daily