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Economic News

Chinese Yuan Weakens To 7.1996 Against USD Tuesday

BEIJING, Dec. 3 (Xinhua) -- The central parity rate of the Chinese currency renminbi, or the yuan, weakened 131 pips to 7.1996 against the...
Economic News

China’s Central Bank Conducts Reverse Repos Tuesday

BEIJING, Dec. 3 (Xinhua) -- China's central bank conducted 51.3 billion yuan (about 7.1 billion U.S. dollars) of seven-day reverse repos at an interest...
Economic News

China’s Benchmark Interbank Gold Prices Lower Tuesday

BEIJING, Dec. 3 (Xinhua) -- China's benchmark prices for spot interbank gold transactions were lower on Tuesday, according to the China Foreign Exchange Trade...
Economic News

Chinese Yuan Strengthens To 7.1865 Against USD Monday

BEIJING, Dec. 2 (Xinhua) -- The central parity rate of the Chinese currency renminbi, or the yuan, strengthened 12 pips to 7.1865 against the...
Economic News

China’s Benchmark Interbank Gold Prices Higher Monday

BEIJING, Dec. 2 (Xinhua) -- China's benchmark prices for spot interbank gold transactions were higher on Monday, according to the China Foreign Exchange Trade...
Economic News

China’s Interbank Treasury Bond Index Opens Higher Monday

BEIJING, Dec. 2 (Xinhua) -- China's interbank treasury bond index in net price opened at 1,051.81 points Monday, higher than the previous close of...
Economic News

Chinese Shares Close Higher Monday

BEIJING, Dec. 2 (Xinhua) -- Chinese stocks closed higher on Monday, with the benchmark Shanghai Composite Index up 1.13 percent to 3,363.98 points. The...
Economic News

Chinext Index Closes Higher Monday

BEIJING, Dec. 2 (Xinhua) -- The ChiNext Index, tracking China's Nasdaq-style board of growth enterprises, gained 1.42 percent to close at 2,255.5 points Monday....
Economic News

China Development Bank Establishes Investment With Over 40 African Countries

By Wang Keju | chinadaily.com.cn China Development Bank has established investment and financing cooperation with over 40 African countries so far, jointly serving to advance...
Economic News

Chinese Shares Open Mixed Monday

BEIJING, Dec. 2 (Xinhua) -- Chinese stocks opened mixed on Monday, with the benchmark Shanghai Composite Index up 0.06 percent to open at 3,328.48...
Economic News

Chinext Index Opens Lower Monday

BEIJING, Dec. 2 (Xinhua) -- The ChiNext Index, tracking China's Nasdaq-style board of growth enterprises, was down 0.52 percent to open at 2,212.36 points...
Economic News

Hong Kong Hang Seng Index Opens 0.1 Pct Higher

HONG KONG, Dec. 2 (Xinhua) -- Hong Kong Hang Seng Index gained 18.7 points, or 0.1 percent, to open at 19,442.31 points on Monday....
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