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Economic News

Chinese Yuan Weakens To 7.1074 Against USD Friday

BEIJING, Jan. 26 (Xinhua) -- The central parity rate of the Chinese currency renminbi, or the yuan, weakened 30 pips to 7.1074 against the...
Economic News

China’s Cross-Border Capital Flow To Be Further Stabilized In 2024: Central Bank

BEIJING, Jan. 25 (Xinhua) -- Cross-border capital flow in China is expected to be further stabilized this year, said a central bank official on...
Economic News

Interview: China To Build An Investor-Centered Capital Market — Securities Watchdog

BEIJING, Jan. 25 (Xinhua) -- China will make more efforts to build an investor-centered capital market, a senior official of the country's securities watchdog...
Economic News

1st LD: China’s Cross-Border Capital Flow To Be Further Stabilized In 2024: Central Bank

BEIJING, Jan. 25 (Xinhua) -- Cross-border capital flow in China is expected to be further stabilized this year, said a central bank official on...
Economic News

China’s Central Bank To Set Up Credit Market Department

BEIJING, Jan. 25 (Xinhua) -- The People's Bank of China, the nation's central bank, will set up a credit market department in the coming...
Economic News

Chinext Index Opens Lower Thursday

BEIJING, Jan. 25 (Xinhua) -- The ChiNext Index, tracking China's Nasdaq-style board of growth enterprises, was down 0.57 percent to open at 1,686.55 points...
Economic News

Chinese Shares Open Mixed Thursday

BEIJING, Jan. 25 (Xinhua) -- Chinese stocks opened mixed on Thursday, with the benchmark Shanghai Composite Index up 0.11 percent to open at 2,823.83...
Economic News

Chinese Yuan Strengthens To 7.1044 Against USD Thursday

BEIJING, Jan. 25 (Xinhua) -- The central parity rate of the Chinese currency renminbi, or the yuan, strengthened 9 pips to 7.1044 against the...
Economic News

Chinese Shares Close Higher Thursday

BEIJING, Jan. 25 (Xinhua) -- Chinese stocks closed higher on Thursday, with the benchmark Shanghai Composite Index up 3.03 percent to 2,906.11 points. The Shenzhen...
Economic News

Chinext Index Closes Higher Thursday

BEIJING, Jan. 25 (Xinhua) -- The ChiNext Index, tracking China's Nasdaq-style board of growth enterprises, gained 1.45 percent to close at 1,720.78 points Thursday. The...
Economic News

China’s cross-border capital flow to be further stabilized in 2024: central bank BEIJING, Jan. 25 (Xinhua) — Cross-border capital flow in...

BEIJING, Jan. 25 (Xinhua) -- Prices of China's major bulk commodities, monitored by the China Federation of Logistics and Purchasing, mostly dropped week on...
Economic News

China Announces Reserve Requirement Ratio Cut

BEIJING, Jan. 24 (Xinhua) -- China's central bank will cut the reserve requirement ratio for financial institutions by 0.5 percentage points from Feb. 5,...
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