China, Asean companies eye each other’s markets: UOB
Companies from Thailand and Singapore were the most interested in investing in the Chinese mainland market, according to the report.
Shi Jing
Yuan’s global march gathers momentum
By the end of 2022, the Chinese yuan had surpassed the euro to become Brazil's second-largest foreign reserve currency.
Hurun Global Rich List sees drastic changes
The combined wealth of the world's leading billionaires also shrank 10 percent year-on-year to come at $13.7 trillion, the report said.
China’s securities landscape set to be transformed
The IPO process will be simplified under the new system, with approval given by the Shanghai and Shenzhen bourses, so more IPOs are anticipated.
Digital yuan continues domestic march
According to the PBOC's digital currency research institute, more than 5.6 million shops and retailers have allowed e-CNY payments as of Aug 31.
Investors take a shine to Chinese bonds
There is still much room for foreign investors to increase their position in renminbi bonds as economic growth steadily recovers, sources state.
Global use of RMB growing steadily
The latest data showed that the renminbi is now next to the US dollar, euro, Japanese yen and pound sterling in terms of foreign exchange trades.
Expanded use of RMB to contribute to stabilising global financial market
The RMB accounted for 2.44 percent of global payments in September, up from 2.31 percent a month earlier, according to the report.
Shanghai transport to enter green, smart era
The government will focus on optimising transportation structure, shifting to cleaner energies at a faster pace, reducing pollution and carbon emission footprint to realise carbon…
Experts sure RMB won’t have meltdown
While the renminbi exchange rate against the US dollar touched a 23-month low, experts said it is unlikely the Chinese yuan will depreciate significantly in the rest of the year.