BYD, the world’s largest electric vehicle (EV) maker, has earmarked US$5 billion for foreign exchange derivatives trading to reduce risks to its fast-growing global operations from the yuan’s ...

BYD, the world's largest electric vehicle (EV) maker, has earmarked US$5 billion for foreign exchange derivatives trading to reduce risks to its fast-growing global operations from the yuan's ...

SHANGHAI, Jan 27 (Reuters) - China's central bank said on Monday it conducted 1.7 trillion yuan of outright reverse repurchase agreements in January. The People's Bank of China (PBOC) said the ...

BEIJING, Jan. 27 (Xinhua) -- The central parity rate of the Chinese currency renminbi, or the yuan, strengthened 7 pips to 7.1698 against the U.S. dollar Monday, according to the China Foreign ...

The combined profit of major industrial enterprises in China exceeded 7.43 trillion yuan (about 1.04 trillion U.S. dollars) in 2024, down 3.3 percent year on year, the National Bureau of ...

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Higher US tariffs under President Donald Trump could accelerate a slump in the value of China's currency, complicating recent efforts by Beijing to kickstart a rebound in its struggling economy ...

Information provided on Forbes Advisor is for educational purposes only. Your financial situation is unique and the products and services we review may not be right for your circumstances.