China\'s Currency
Jun 24, 2010 at 12:53 | Source: Reuters
May 24, 2010 at 11:21 | Source: Reuters
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In its semi-annual report to Congress on exchange-rate policies, the Treasury pledged to "closely monitor" the pace of the yuan's appreciation and "press for policy changes" to boost China's exchange-rate flexibility. Beijing's tightly managed currency ...
May 25, 2012 at 14:38 | Source: YAHOO!
Almost two years ago, a little-known Sheffield-based maker of garden spades and lawn rakes made financial history. Neill Tools was the first UK company to make a cross-border payment in the Chinese currency, with the help of banking giant HSBC. "The volume ...
May 22, 2012 at 15:53 | Source: BBC News
WASHINGTON – The Treasury Department on Friday again refused to label China a currency manipulator. In a semi-annual report on exchange rate policies, Treasury said that China's currency remains "significantly undervalued" and "further ...
May 25, 2012 at 14:09 | Source: FOXBusiness
AFP - The United States said Friday that China's currency remains "significantly undervalued" but Beijing's policy was not manipulating the yuan to gain an unfair trade advantage. The US Treasury Department said it had concluded that China had ...
May 25, 2012 at 13:26 | Source: France 24
China's offshore and onshore currency markets are likely to converge in five years, as Chinese authorities move towards an economy based on 'quality' rather than 'quantity', Legg Mason's Chia-Liang Lian told an investor audience in London yesterday afternoon.
May 18, 2012 at 07:29 | Source: Citywire.co.uk
Jin Liqun, chairman of the supervisory board of China Investment Corp., said China's currency is "well on its way" to becoming an international reserve currency but its role is still "insignificant" compared to the dollar or euro. Jin said the ...
May 23, 2012 at 00:42 | Source: Marketwatch
Overall, permitting China’s currency to trade freely, and liberalizing capital flows in both directions would redress the trade imbalance. Chinese workers would be richer—able to enjoy more foreign products at dramatically lower prices. U.S. GDP would ...
May 14, 2012 at 13:25 | Source: CNBC
The decision issued by the Treasury Department Friday should help avert a potential trade dispute. But the department said China's currency is still undervalued and must rise further against the dollar. The yuan has gained 8 per cent against the dollar in ...
May 25, 2012 at 16:11 | Source: Brandon Sun
Treasury officials believe that China's currency, the yuan, remains "significantly undervalued." An artificially cheaper yuan gives Chinese exporters an extra price advantage in selling their goods in the U.S. The Treasury declined to cite China ...
May 26, 2012 at 13:39 | Source: Indianapolis Star
BEIJING, May 17 (Xinhuanet) -- China's currency is just around the corner from being fully convertible and the economy's capital account is already far more convertible than outside institutions give it credit for, said China's top securities regulator on Wednesday.
May 17, 2012 at 05:36 | Source: Xinhua News Agency