Study: Fair yuan exchange rate could bring billions to Germany
FILE PHOTO – 100 Chinese yuan banknotes lie on a table. (is associated with: «Study: Fair yuan exchange…
China’s yuan gains ground in international trade with room to grow, Goldman Sachs says
China-linked trade settlements in yuan grew from 13 per cent in 2019 to 30 per cent last year,…
China Increases Overseas Investment Quota by Most Since 2021
(Bloomberg) — China raised the cap on institutional investors’ overseas securities purchases by the most since 2021, aiming…
Exclusive-Baidu’s Kunlunxin, valued at close to $3 billion, eyes Hong Kong IPO, sources say
Dec 5 (Reuters) – Kunlunxin, the AI chip unit of Chinese internet search giant Baidu, is planning an…
China’s Xiaomi says surging memory chip prices push up smartphone costs
By Che Pan and Brenda Goh BEIJING (Reuters) -Chinese smartphone manufacturer Xiaomi (1810.HK, XIACF) on Friday said surging…