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China Steps in to Defend Record Low RMB
(13 January 2025 – China) After the Chinese Renminbi slid to a record low against the US Dollar in offshore trading, the People’s Bank of China (PBoC) has […]
(13 January 2025 – China) After the Chinese Renminbi slid to a record low against the US Dollar in offshore trading, the People’s Bank of China (PBoC) has […]
(6 December 2024 – China) Deutsche Bank has announced the appointment of Leo Yin as President of Deutsche Bank (China) Co., Ltd., adding to his current responsibilities as […]
(8 November 2024 – China) While China has undertaken a mammoth US$1.4 trillion debt swap with local governments, further stimulus measures will be preserved as ammunition against incoming […]
(25 October 2024 – China) Beijing hosted the 2024 Sibos conference with financial services representatives congregating from across the globe for a week of informative panels, collaborative innovation […]
(17 October 2024) – Research from HSBC and East & Partners suggests corporates in China are increasingly looking to trade with their Southern neighbours of Vietnam, Thailand and […]
(27 September 2024 – China) Almost 50 percent of corporates across Asia Pacific, the UK and the US have already moved their operations out of China or plan […]
(25 September 2024 – China) Beijing has unveiled “unprecedented” stimulus measures not seen since the 2008 Global Financial Crisis to stabilise capital markets and recuperate deeply pessimistic investor […]
(4 September 2024 – China) The pace of reshoring is set to intensify as ongoing trade tensions between China and the United States, coupled with the potential for […]
(29 August 2024 – Hong Kong) China’s Renminbi use in international transactions has reached record highs in 2024 off the back of rising trade with Russia to retain […]
(12 August 2024 – China) WorldFirst, a one-stop digital payment and financial services platform for global businesses, has partnered with Walmart to enable eCommerce sellers based in China […]