(Bloomberg) -- HSBC Holdings Plc has become a direct participant in China’s cross-border interbank payment system as the world’s second largest economy pushes for greater use of the yuan. The UK ...

With local government debt swelling to 43.6 trillion yuan as of August 2024, up from 40.7 trillion yuan at the end of 2023, the need for decisive action is clear. Liu Shijin, a leading economist and ...

Dean's Fellow at the Division of Global Affairs, Rutgers University - Newark The game, released by Chinese company Game Science on Aug. 19, 2024, is based on the legendary 16th century Chinese ...

The application detailed how Li allegedly used his positions to embezzle public property worth over 2.9 billion yuan. He is also accused of accepting bribes totaling 48.92 million yuan and ...

The yuan, also called the renminbi, has risen to become the fourth most active currency for global payments with a 4.7 per cent share, according to a ranking published in August this year by Swift ...

The greenback also rose against the onshore yuan after investors found China's weekend announcements that it would increase debt to revive its economy fell short on detail. The yuan ended at its ...

China's Ministry of Finance is expected to hold a briefing on Saturday in which market participants foresee a package worth between 1.5 trillion to 2 trillion yuan unveiled. "It will be important ...

The initial scale of the swap programme is set at 500 billion yuan, and can be expanded in the future. Creating this tool "doesn't mean the central bank is entering the stock market, as there's no ...

The initial scale of the swap programme is set at 500 billion yuan, and can be expanded in the future. Creating this tool "doesn't mean the central bank is entering the stock market, as there's no ...

Zoom founder Eric Yuan has transferred about 18 million of his shares worth more than $6bn (£4.4bn), according to a regulatory filing. Mr Yuan, who is also chief executive of the video ...