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Tag: yuan

China Sets Yuan Fixing Stronger Than 7 for First Time Since 2023
Global Economy

China Sets Yuan Fixing Stronger Than 7 for First Time Since 2023

China’s central bank set the yuan’s daily reference rate stronger than the closely watched 7-per-dollar level for the first time…

nileshsha@hotmail.comJanuary 23, 2026
China Vanke Wins Approval for Revised Plan to Extend Yuan Bond
Global Economy

China Vanke Wins Approval for Revised Plan to Extend Yuan Bond

China Vanke Co. won enough creditor backing to extend payments on a yuan bond for a year, after it sweetened…

nileshsha@hotmail.comJanuary 21, 2026
Report: China’s Digital Yuan Processes B as Cross-Border CBDC Rails Take Shape
Bitcoin

Report: China’s Digital Yuan Processes $55B as Cross-Border CBDC Rails Take Shape

According to a Reuters report citing data compiled by the Atlantic Council, a Washington-based think tank that tracks central bank…

nileshsha@hotmail.comJanuary 19, 2026
China’s FX Conversion Jumps to Record as Firms Rush Back to Yuan
Global Economy

China’s FX Conversion Jumps to Record as Firms Rush Back to Yuan

Chinese banks helped clients sell a record amount of foreign currencies back into the yuan in December, supercharged by expectations…

nileshsha@hotmail.comJanuary 16, 2026
More issuers turn to Dubai listings as yuan bonds gain traction in the Middle East
Stock Market

More issuers turn to Dubai listings as yuan bonds gain traction in the Middle East

More Chinese and local issuers could tap Dubai to list debt and equity securities, signalling confidence in the Chinese economy…

nileshsha@hotmail.comJanuary 4, 2026
Chinese Mining Companies in Zambia Start Paying Taxes in Yuan
Global Economy

Chinese Mining Companies in Zambia Start Paying Taxes in Yuan

Chinese mine operators in Zambia started paying royalties and taxes in yuan in Africa’s second-biggest copper producer, the latest sign…

nileshsha@hotmail.comDecember 31, 2025
China Greenlights Yuan Gains at Year-End With Measured Approach
Global Economy

China Greenlights Yuan Gains at Year-End With Measured Approach

China handed yuan bulls a New Year’s gift with tacit consent for more appreciation, while carefully pacing the currency’s gains…

nileshsha@hotmail.comDecember 31, 2025
BYD Yuan Max electric SUV captured for the first time [Images]
Electric Vehicles

BYD Yuan Max electric SUV captured for the first time [Images]

BYD is gearing up to add a new electric SUV to its popular Yuan EV lineup. The latest model, “Yuan…

nileshsha@hotmail.comDecember 30, 2025
Yuan Climbs Past 7 Per Dollar Onshore for First Time Since 2023
Global Economy

Yuan Climbs Past 7 Per Dollar Onshore for First Time Since 2023

The yuan strengthened beyond the key 7-per-dollar level in the more tightly controlled onshore market for the first time since…

nileshsha@hotmail.comDecember 30, 2025
Digital yuan shifts to interest-bearing deposits from Jan. 1, 2026
Bitcoin

Digital yuan shifts to interest-bearing deposits from Jan. 1, 2026

China will let banks pay interest on digital yuan wallets from Jan. 1, 2026, turning e‑CNY into a digital deposit…

nileshsha@hotmail.comDecember 30, 2025

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