Search For "yuan"
China's stocks hit nine-month lows as Chinese yuan weakens
Updated : 2 years, 7 months ago IST
As China's currency continues to weaken, Chinese stocks hit nine-month lows and the yuan tumbled on Monday as the authorities' efforts to revive demand failed to inspire investors, reported Channel News Asia.
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International expression of Quzhou spirit in the new era unveiled
Updated : 2 years, 8 months ago IST
Quzhou [China], July 28: On July 25, 2023, an activity for unveiling the international expression of Quzhou spirit in the new era was held in its namesake city in eastern China's Zhejiang Province. During the event, the official translations of the 12-character Quzhou spirit in the new era,
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Chinese politburo member calls on Nepal President Paudel
Updated : 2 years, 8 months ago IST
The Chinese Communist Party's politburo member Yuan Jiajun called on Nepal's President Ramchandra Paudel on Sunday in Kathmandu.
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Chinese yuan weakens to 7.2258 against US dollar
Updated : 2 years, 8 months ago IST
In China's spot foreign exchange market, the yuan is allowed to rise or fall by two per cent from the central parity rate each trading day.
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Falling yuan jitters Chinese government: Analysis
Updated : 2 years, 9 months ago IST
The tightly controlled Chinese yuan has crossed the closely scrutinised 7-per-dollar level and fallen to multi-month lows.
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Bolivia gets closer to China, but trading in Yuan 'doubtful': Report
Updated : 2 years, 9 months ago IST
"Bolivia does not have the conditions for a change from the dollar to the yuan currently because all the income from imports and exports that the country makes go to markets where we are paid in dollars and imports are also in dollars. On the other hand, we also have a trade balance with Chi
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Another Chinese influencer dies after binge-drinking alcohol in viral chal
Updated : 2 years, 9 months ago IST
The 27-year-old live streamer's wife confirmed with Chinese media outlet Jimu News on Tuesday that her husband, known by his online moniker Zhong Yuan Huang Ge or Brother Huang from the Central Plains, died from excessive consumption of alcohol on the morning of June 2.
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Wuhan pressing hundreds of Chinese firms to repay their debts in rare publ
Updated : 2 years, 10 months ago IST
The city's finance bureau said in a Friday statement published by the official Changjiang Daily newspaper that a total of 259 companies and entities owed it more than 100 million yuan (USD 14 million) combined. It urged them to pay their overdue debts as soon as possible.
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China's slow economic recovery, deflation fears driving down stock prices,
Updated : 2 years, 10 months ago IST
Chinese economy bounced back after the government lifted its zero-COVID-19 restrictions in December. However, the recovery of the Chinese economy has lost steam.
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Indian Navy deploys P8I aircraft to rescue capsized Chinese fishing vessel
Updated : 2 years, 10 months ago IST
Taking to Twitter, Indian Navy said, "In a swift humanitarian action on 17 May #IndianNavy deployed its Air MR assets in the Southern IOR approx 900 Nm from India, in response to sinking of a #Chinese Fishing Vessel Lu Peng Yuan Yu 028 with 39 crew onboard. The crew incl nationals from China
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Bangladesh government should think twice before trading in Chinese currenc
Updated : 2 years, 10 months ago IST
The Bangladeshi government is apparently under pressure from some pro-Chinese high-ups to switch to the Chinese currency Yuan for foreign transactions.
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Xi extols China's submarine force to greater achievements
Updated : 2 years, 10 months ago IST
In May, Chairman Xi Jinping replied to a letter sent to him by a PLAN submarine crew, this marking a decade since the strongman visited the same vessel for lunch and a briefing with the crew. Now, ten years later, Xi reminded them "to continuously improve their ability to fulfil missions and
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