Beijing is driving further internationalisation of the renminbi, with HSBC emerging as the first international bank to remit the currency back to China from...
China's State Administration of Foreign Exchange has announced that it will permit the cash as well as physical settlement of foreign exchange forwards as...
The foreign exchange settlement and sales deficit for Chinese banks reached USD$7.5 billion in November, for a sizeable reverse compared to the surplus posted...
UK chancellor Philip Hammond will announce the opening of London's foreign exchange markets to direct access by Chinese banks during an official visit to...
Chinese banks are loading up on foreign currency with the expectation that Beijing will permit increased flexibility of the renminbi's exchange rate.
Data from the...
One of China's senior-most central bank and foreign exchange officials has reiterated the importance of opening up the country's financial sector, while also flagging...
The latest data from China's State Administration of Foreign Exchange indicates that Chinese banks saw a major diminution in their foreign exchange settlement deficit...
The Chinese central bank's funds outstanding for foreign exchange fell for the 20th consecutive month in June.
The People's Bank of China's official data indicates...
China's State Administration of Foreign Exchange has announced that it would provide greater support to overseas investment and trade by Chinese enterprises that are...
A senior official from the Chinese central bank has highlighted the need for greater regulation of wholesale transactions on China's financial markets....