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Economic News

China’s Benchmark Interbank Gold Prices Lower Tuesday

BEIJING, Jan. 2 (Xinhua) -- China's benchmark prices for spot interbank gold transactions were lower Tuesday, according to the China Foreign Exchange Trade System. The...
Economic News

Balance Of Loans Up 12.7 Pct In China’s Yangtze River Delta

SHANGHAI, Jan. 2 (Xinhua) -- The balance of loans in China's Yangtze River Delta region increased by 12.7 percent year on year to 63.85...
Economic News

China Issues 9.14 Trln Yuan New Local Government Bonds In Jan.-Nov.

BEIJING, Jan. 2 (Xinhua) -- Chinese local governments issued new bonds worth 9.14 trillion yuan (about 1.29 trillion U.S. dollars) in the first 11...
Economic News

China’s Stock Exchanges To Reduce Fees By 920 Mln Yuan In 2024

BEIJING, Jan. 2 (Xinhua) -- China's Shanghai and Shenzhen stock exchanges said on Friday that they would reduce or waive certain trading and service...
Economic News

BOC Serbia Authorized As RMB Clearing Bank

BEIJING, Jan. 2 (Xinhua) -- China's central bank announced on Friday that it has authorized the Bank of China (BOC) Serbia to be the...
Economic News

China’s External Debt Declines In Q3

BEIJING, Jan. 2 (Xinhua) -- China's outstanding external debt stood at 2.38 trillion U.S. dollars at the end of September 2023, data from the...
Economic News

China Reports Current Account Surplus In First Three Quarters

BEIJING, Jan. 2 (Xinhua) -- China's current account surplus amounted to 209 billion U.S. dollars in the first three quarters of 2023, official data...
Economic News

Chinext Index Opens Lower Tuesday

BEIJING, Jan. 2 (Xinhua) -- The ChiNext Index, tracking China's Nasdaq-style board of growth enterprises, was down 0.12 percent to open at 1,889.02 points...
Economic News

Chinese Shares Open Mixed Tuesday

BEIJING, Jan. 2 (Xinhua) -- Chinese stocks opened mixed on Tuesday, with the benchmark Shanghai Composite Index down 0.07 percent to open at 2,972.78...
Economic News

Chinese Yuan Strengthens To 7.0770 Against USD Tuesday

BEIJING, Jan. 2 (Xinhua) -- The central parity rate of the Chinese currency renminbi, or the yuan, strengthened 57 pips to 7.0770 against the...
Economic News

Chinese Yuan Strengthens To 7.0770 Against USD Tuesday

BEIJING, Jan. 2 (Xinhua) -- The central parity rate of the Chinese currency renminbi, or the yuan, strengthened 57 pips to 7.0770 against the...
Economic News

Chinext Index Opens Flat Friday

BEIJING, Dec. 29 (Xinhua) -- The ChiNext Index, tracking China's Nasdaq-style board of growth enterprises, opened flat at 1,879.53 points Friday. The ChiNext Index, together...
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