China might devalue yuan, inflation fears loom as Jackson Hole Summit underway

Aug 27, 2022

Beijing [China], August 27 : As the US central bank's annual summer gathering is underway, the biggest worry will be that as the US...

China's falling yuan worries Xi Jinping ahead of 20th National Congress

Oct 02, 2022

Beijing [China], October 2 : Ahead of the 20th National Congress later this month, the fall of the yuan, also known as the Renminbi,...

China's forex market turnover down in May

Jun 24, 2022

Beijing[China], June 24 (ANI/Xinhua): China's foreign exchange market saw a turnover of 15.95 trillion yuan (about 2.38 trillion U.S. dollars) in May, down from...

Chinese yuan weakens last week against 24 currencies

May 30, 2022

Beijing [China], May 30 : China's yuan weakened against a basket of 24 currencies last week, according to the China Foreign Exchange Trade System...

China introduces digital Yuan in real estate sector

Apr 01, 2022

Beijing [China], April 1 : China has introduced the use of digital Yuan in the real estate sector with payments worth around USD 87,000...

Two Chinese nationals arrested in UP's Siddharthnagar for illegally entering India

Mar 27, 2024

The man was identified as Zhou Pulin, a native of Sichuan in China, while the woman was identified as Yuan Yuhan, a native of...