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China to advance RMB internationalization

China will steadily advance the process of the renminbi's internationalization and the country will make its financial market more accessible to international investors in terms of product supply and trading mechanisms to achieve the goal of lifting the global profile of the Chinese currency, industry experts said.

time:
2022-10-11 08:00:00
views:
52699

China RMB settlements with Belt and Road countries up in 2021

The RMB settlements climbed 14.7 percent in trade of goods and 43.4 percent in direct investment.

time:
2022-10-05 10:00:00
views:
61416

Zambia's Konkola Copper Mines hires RMB to find new investor

Zambia's Konkola Copper Mines (KCM) has appointed Rand Merchant Bank (RMB) as financial advisor as the government searches for a new investor to expand the copper mine and smelter, the company's state-appointed provisional liquidator said on Wednesday.

time:
2022-09-30 20:00:00
views:
27255

The People's Bank of China released the "2022 RMB Internationalization Report"

A few days ago, the People's Bank of China released the "2022 RMB Internationalization Report" (hereinafter referred to as the "Report").

time:
2022-09-27 10:00:00
views:
59570

Forex risk reserve ratio up to 20%

Observers say PBOC hike will ease US$ pressure on the RMB, stabilize market.

time:
2022-09-27 10:00:00
views:
6246

Cross-border use of RMB rises in 2021

The cross-border use of RMB reached 36.61 trillion yuan (5.24 trillion U.S. dollars) in 2021, up 29 percent year on year, China's central bank said Friday.

time:
2022-09-25 10:00:00
views:
57860

China's RMB cross-border payments post steady growth in Q2: report

The business volume and transaction value of cross-border payments made in renminbi (RMB) maintained strong expansion levels in the second quarter of the year, a central bank report shows.

time:
2022-09-21 10:00:00
views:
59859

CSCEC Achieves a Steady Growth in Financial Performance in 2021 and Proposes to Declare and Pay Cash Dividends Exceeding RMB10 Billion

China State Construction Engineering Corporation Limited ("CSCEC", 601668.SH) released the Annual Report 2021 (English Version) on its official website. This is third English regular report released by CSCEC in a row to meet the needs of international investors and partners. CSCEC's 2021 annual performance indicators hit record highs again. The Company achieved a total operating revenue of RMB1.89 trillion and net profit attributable to the parent company of RMB51.41 billion for the year of 2021, a YOY increase of 17.1% and 14.4% respectively. CSCEC ranked 13th in Fortune Global 500 in 2021.

time:
2022-06-17 12:00:00
views:
50580

SSE Equities Introduction-Sep. 8th

A-shares, or RMB-denominated common shares, refer to ordinary shares issued by companies incorporate

time:
2022-09-08 12:00:00
views:
67182

SAFE Releases Data on Foreign Exchange Settlement and Sales by Banks and Data on Foreign-related Receipts and Payments by Non-banking Sectors in July 2022

During January to July 2022, the accumulative amount of foreign exchange settlement and sales by banks was RMB 10095.0 billion and RMB 9555.6 billion, respectively.

time:
2022-08-15 07:26:41
views:
54829

SFC welcomes Central Government's support to enhance Hong Kong's IFC status

The Securities and Futures Commission (SFC) welcomes the support of the Central Government and initiatives announced by the China Securities Regulatory Commission (CSRC) to broaden Stock Connect and further enhance Hong Kong's position as an offshore Renminbi (RMB) centre and a risk management centre.

time:
2022-09-05 16:53:03
views:
59666

Experts sure RMB won't have meltdown

Trade surplus, opening-up, fiscal and monetary measures seen as supports.

time:
2022-08-24 13:30:00
views:
57513

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