China’s central bank set the interest rate on its new overnight liquidity tool at a level that was below expectations, according to people familiar with the matter, in what some economists see as a de facto rate cut that could push down market borrowing costs.

China is taking another step in its longstanding push to build a more global currency, bringing its domestic and offshore yuan markets a little closer together.

China is allowing some banks to offer higher interest rates on corporate US dollar deposits, according to people familiar with the matter, a move that may damp the yuan’s recent gains by encouraging companies to slow their currency conversion.

China has expanded its outbound investment regulations to explicitly cover individual investors for the first time, a shift that potentially raises compliance hurdles for tech founders and even ordinary stock investors.

Foreign investors returned to Chinese stocks in April, signaling renewed appetite for the market after an initial selloff driven by the Iran war.

Gloria Yu’s company exports bicycles and related accessories to as far as Europe and Africa. Having suffered “heavy losses” on some orders due to the yuan’s rapid gains earlier in the year, Yu is looking to better manage her dollar exposure.

At the world’s largest trade show, it’s not just the clientele that had a different look this year.

The war in Iran is spurring a fresh wave of enthusiasm over prospects for China’s currency to more effectively rival the US dollar.

China set its most modest growth target since 1991, a tacit acknowledgment that the model powering the country’s economic rise is showing strains.

China set its most modest growth target since 1991, a tacit acknowledgment that the model powering the country’s economic rise is showing strains.

China’s central bank announced a new set of rules to facilitate cross-border yuan funding between local and foreign financial institutions, paving the way to boost the currency’s usage abroad.

The offshore yuan reached its strongest level in nearly three years versus the dollar after China signaled tolerance for a managed appreciation via the daily fix.

As German Chancellor Friedrich Merz tours China with a host of his country’s business leaders, he may be heartened to see the Chinese yuan is at last starting to appreciate against the euro.

Chinese banks’ clients made less foreign-exchange conversion into the yuan in January, coinciding with a slower pace of appreciation for the country’s tightly managed currency.

Several prominent Chinese economists have called for loosening restrictions on the movement of money in and out of the country, arguing that a weaker dollar provides a historic opportunity to boost the yuan’s global appeal by increasing its convertibility.

Several prominent Chinese economists have called for loosening restrictions on the movement of money in and out of the country, arguing that a weaker dollar provides a historic opportunity to boost the yuan’s global appeal by increasing its convertibility.

With ample cash but fewer investment options, Chinese speculators have fanned a rally in global metals prices, underscoring just how difficult it is for authorities to channel capital into the real economy.

With ample cash but fewer investment options, Chinese speculators have fanned a rally in global metals prices, underscoring just how difficult it is for authorities to channel capital into the real economy.

Chinese companies ramped up use of the euro in cross-border transactions last year, with settlements in the currency rising at the fastest pace since 2010.

Russia is about to kick off its first sale of yuan-denominated sovereign bonds, an arrangement that will help it raise much-needed cash while also supporting China’s push to increase the use of its currency in international markets.