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China uses digital yuan to stimulate virus-hit consumptionChina is at the fore of a global race to develop central bank digital currencies. Issuing e-CNY subsidies can both aid consumption and furt...- China manufacturing growth acceleratesChina’s manufacturing growth accelerated for the first time in four months, easing concern that monetary tightening may lead to a slowdown ...
- China continues to trim its US debt to avoid risksChina, the biggest foreign holder of US debt has trimmed its portfolio to $1.15 trillion to diversify its foreign reserve portfolio to avoi...
- Currency carry trade losses may bolster dollarFalling demand for carry trades may help the greenback extend a rally that drove IntercontinentalExchange's US dollar index up 4.5% from it...
- Dollar defies sceptics as best-returning assetThe dollar proved to be last month’s best investment, beating stocks, bonds and commodities, confounding officials around the world who sai...
- Dollar defies sceptics as best-returning assetThe US Dollar Index, which tracks the currency against those of six major US trading partners, including the euro, yen and pound, rose 5.2%...
- China raises reserve bar for banks againChina ordered banks to set aside larger reserves for the fifth time this year, draining cash from the financial system.
- China' Dagong lowers US rating on Fed QEChina's Dagong Global Credit Rating Co reduced its credit rating for US to A+ from AA, citing a deteriorating intent and ability to repay d...
- China slightly shifts yuan rate after G20 pressureChina on Monday set its yuan exchange rate marginally higher following the Group of 20 summit, but analysts warned the shift was symbolic a...
- China's GDP to slow down in second halfChina's economic growth would slow down in the second half of this year, ending its double-digit increase in the first quarter, a top Chine...
- Yuan eases vs dollar in NDFs, near 14-mth high vs euroThe yuan slipped against the dollar in the offshore forwards market for a second session on Wednesday as enthusiasm over a $1 trillion euro...
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