China

Although the dollar has been overtaken in cross-border payments in China, the use of the yuan in financing global trade remains low. The Chinese Yuan has become the most used currency for cross-border transactions in China. In March,…

Treasury Secretary Janet Yellen is preparing to warn China that the US will continue to resist its "unfair" economic policies but will add that Washington is not trying to "suffocate" the Chinese economy through national security…

breadcrumb links PMN Business Article author: Posted on April 19, 2023 • One minute read Article content SHANGHAI - Chinese stocks closed lower on Wednesday due to a bumpy economic recovery after the country…

© Reuters. FILE PHOTO: US dollar banknotes are shown in this illustration taken on July 17, 2022. REUTERS/Dado Ruvic/Illustration By Samuel Indyk and Ankur Banerjee LONDON (Reuters) - The dollar fell against most major currencies on…

HANG SENG, SHANGHAI COMPOSITE - EXPECTATIONS:China's GDP and retail sales beat expectations, but investment in fixed assets slowed.The Shanghai Composite rose above a key resistance level, while the Hang Seng Index is improving bullish…

breadcrumb links PMN technology PMN Business Article author: Reuters Ken Wu and Julie Chu Posted April 18, 2023 • 2 minutes to read Article content HONG KONG — State-owned China Mobile Ltd.…

India: Several three-day meetings kick off under India's G20 presidency: the health working group is meeting in Goa, the digital economy working group is meeting in Hyderabad, and top agricultural scientists are meeting in Varanasi. The…

breadcrumb links PMN Business Article author: Reuters Humira Pamuk and Sakura Murakami Posted on April 16, 2023 • 3 minutes to read Article content Karuizawa - The European Union's foreign policy…

China refuses to allow US Secretary of State Antony Blinken to visit Beijing over fears that the FBI will release the results of the investigation into a suspected downed Chinese spy balloon.China has told the United States it is not…

China will cooperate to resolve the stalemate over developing countries' sovereign debt restructuring, a senior official said, as Beijing appears to be softening its stance in fraught negotiations over a series of defaults.China's…