Renminbi (CNY) news Page 1

Tourists in face mask on crowded Nanjing Road, Shanghai, China
China may act on yuan appreciation versus the dollar

China’s intervention in the FX market is a reminder of how quickly Beijing can change tack

Paul Golden
Chinese President Xi Jinping addresses students in Moscow
China’s economic progress not assessed by GDP growth in 2022

At the centre of Xi Jinping’s politico-economic thought is the goal of “common prosperity”

Mensholong Lepcha
Foreign exchange trading graph in futuristic concept with global map behind
Fixed not floating: Asian currencies remain tightly controlled

Asian central banks remain wedded to currency controls boosting the NDF market

Paul Golden
Red hot coal
Chinese coal imports rise amid power crunch

Chinese coal imports jumped 17.2% in September on the back of a nationwide power crunch

Mensholong Lepcha
Person working on a Lenovo laptop
Shanghai bourse approves PC-maker Lenovo’s listing plan

Lenovo to raise $1.6bn from listing on Shanghai’s Nasdaq-style STAR board

Andreas Ismar
A row of Thai ATMs
Baht and peso fall against resurgent US dollar

Chinese yuan holds firm but other EM Asian currencies falter against the greenback

Aaron Woolner

CNOOC's logo on its headquarters in Beijing
China’s CNOOC seeks $5.4bn from Shanghai listing

The Chinese state-run company will use the proceeds to develop key projects

Debabrata Das
Stock market down
Evergrande default woes continue to drag Hong Kong market

Benchmark Hang Seng closed over 1.5% lower while Hang Seng Properties index fell 2.3%

Mensholong Lepcha
Vaccination in Vietnam
ADB cuts growth outlook of emerging Asian economies on Covid

The multilateral lender trims Southeast Asia’s 2021 gross domestic product growth forecast

Andreas Ismar
China Evergrande logo on its website
China Evergrande plunges at start of bond repayment week

Company has begun repaying investors in its wealth management products with real estate assets

Mensholong Lepcha
Inflation chart with arrow moving up and percent signs underneath
Economic preview: Inflation in view for top policymakers

The Bank of England, the US Federal Reserve, the People's Bank of China and the Bank of Japan all decide on policy next week

Neil Dennis
 Burnt fragment of Chinese yuan note
Market braces for impact of Evergrande default

The impact of an Evergrande collapse would be felt well beyond China

Mensholong Lepcha
View of Hong Kong's CBD
Hong Kong Bond Connect widened for Chinese investors access

Southbound trading from China to Hong Kong under Bond Connect will launch on 24 September

Mensholong Lepcha
 A pile of $100 bills
Asia economists say US dollar strength will continue

China slowdown and lower commodity prices will support the greenback

Debabrata Das
Chinese cargoes
China exports rise above expectations in August

Rise in August outbound shipments lift trade surplus to seven-month high

Andreas Ismar

Still looking for a broker you can trust?

Join the 270,000+ traders worldwide that chose to trade with

1. Create your account

2. Make your first deposit

3. You’re all set. Start trading