As of Wednesday, the spot price of SiMn 6517 (cash) in the north China market was 5,900-6,000 yuan/mt, down WoW from the previous Wednesday; the spot price of SiMn 6517 (cash) in the south China ...
China is introducing ways to bolster yuan's usage as confidence in the U.S. dollar falters. Three major Chinese exchanges have allowed certain foreign institutional investors to trade more futures and ...
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China signals tolerance for stronger yuan
SINGAPORE—China’s central bank set the strongest reference rate for the yuan in almost three years, signaling it is willing to allow the currency to gradually gain amid growing calls for appreciation.
Red packets containing the digital yuan, or e-CNY, were distributed in several cities to boost consumption while China is ...
Several Chinese banks have raised dollar deposit rates in recent weeks, sources said, in a move some traders say is likely aimed at slowing the pace of yuan appreciation.
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