Search For "yuan"
Censors in China deleting videos about poverty
Updated : 2 years, 10 months ago IST
Recently, a video of a retiree went viral that showed what groceries she could buy with 100 yuan, or USD 14.50, roughly her monthly pension and sole source of income. The video was later deleted by Chinese authorities.
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Indonesia becomes more reliant on China, likely to face Sri Lanka-type deb
Updated : 2 years, 10 months ago IST
Indonesia, the largest economy in Southeast Asia has grown its debt to China over time and used more Chinese yuan in its international trade. Indonesia will find it more challenging to fend off China's escalating aggression in the South China Sea as it becomes more dependent on China, Nepal-
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Industrial material prices fall sharply on concerns about Chinese slowdown
Updated : 2 years, 11 months ago IST
Hot rolled coils listed on the Shanghai Commodity Futures Exchange hit a five-month low of 3,928 yuan (USD 568) per tonne on Wednesday. Hot-rolled thin steel plate is essential for the production of building components and industrial machinery, serving as the benchmark for steel prices in Ch
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China arrests Taiwan-based man who published books critical of Communist P
Updated : 2 years, 11 months ago IST
Yang Chih-yuan, a democracy campaigner and pro-independence politician, was detained by Chinese state security in Wenzhou in Zhejiang province last August, hours after then-United States House Speaker Nancy Pelosi wrapped up her high-stakes visit to Taipei.
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"We need to boost trade from India," Russian Dy PM Manturov on trade imbal
Updated : 2 years, 11 months ago IST
"That's one of the issues which we just discussed with your colleague, so because of lack of input from India, it's not enough to use the Rupee so we need to boost the trade from India and then in this case we are looking at balance like for example, we have with China. We have USD 200 bi
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China's "yuan diplomacy": A new form of debt trap
Updated : 2 years, 11 months ago IST
News reports suggested that China has now been trapping African nations into debt and as part of "forgiving" that debt China wants them to use the Chinese CBDC the Digital Yuan for all international commerce, trade and finance payments. By doing so, China has been establishing the Digital Yu
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China's exports and imports slump in first two months of 2023
Updated : 3 years ago IST
In yuan terms, total trade in the first two months came in at 6.18 trillion yuan (USD 890.5 billion), edging down 0.8 per cent year-on-year. Exports saw a slight increase of 0.9 per cent while imports went down 2.9 per cent, according to the customs data.
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WTT Star Contender: Manika, Sutirtha overcome higher-ranked opponents to m
Updated : 3 years ago IST
The day, as far as hosts India were concerned, belonged to the two women paddlers Manika Batra and Sutirtha Mukherjee. Manika, India number one ousted Puerto Rican star and world number (wr) #14 Adriana Diaz 3-1 (11-9,11-8,5-11,11-8) in the evening session. Sutirtha, currently ranked 146, ha
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Tibet to invest 1.99 bn dollars in improving conditions of villages along
Updated : 3 years ago IST
The ruling Communist Party in China has said the Tibet Autonomous Region (TAR) would invest 13.7 billion yuan (about $1.99 billion) in 2023 in initiatives aimed at improving the well-being of local residents, especially in the new border defence villages across the Line of Actual Control (L
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Zoom to lay off around 1,300 employees, CEO Eric Yuan taking 98 per cent p
Updated : 5 months, 3 weeks ago IST
Yuan stated that he and other executives will take a significant pay cut. In the message to employees, he admitted to making "mistakes" in how quickly the company grew during the pandemic.
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China offers USD 6 mn emergency aid to Turkey for earthquake relief
Updated : 3 years, 1 month ago IST
China will give a first tranche of 40 million yuan (USD 5.9 million) in emergency aid to help Turkey's relief efforts, added CCTV.
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US dollar gains strength as Chinese Yuan depreciates amid its shrinking ec
Updated : 3 years, 1 month ago IST
Notably, in the wake of the Covid-19 pandemic, people see the dollar as the safe place to put their money in, avoiding risks; not the Chinese Yuan.
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