4 d. ago China’s central bank sets onshore yuan fixing at strongest point in nearly 16 months

China’s central bank strengthened the yuan’s daily fixing for a third consecutive session to a nearly 16-month high, as the currency also held firm in offshore markets despite recent US dollar strength. On Tuesday, the People’s Bank of China set the yuan’s midpoint rate, also known as the daily fixing rate, at 7.0103 to the US dollar – the strongest showing since the end of September 2024, when the rate was set at 7.0074. That official midpoint rate, however, was still weaker than that of the...

Politics

4 d. ago China’s PBOC sets onshore yuan fixing at strongest point in nearly 16 months

China’s PBOC sets onshore yuan fixing at strongest point in nearly 16 months  South China Morning Post

Politics

2 w. ago China Advances Digital Yuan With Major Overhaul Set For 2026

China Advances Digital Yuan With Major Overhaul Set For 2026  Crowdfund Insider

Politics

3 w. ago China Sets Yuan Fixing Far Below Forecast to Slow Currency Gains

China Sets Yuan Fixing Far Below Forecast to Slow Currency Gains  Yahoo Finance

Politics

3 w. ago China set the yuan fix at ¥7.0358 per dollar, 301 pips weaker than market estimates

China set the yuan fix at ¥7.0358 per dollar, 301 pips weaker than market estimates  MSN

Politics

3 w. ago China’s AgiBot targets US$142 million revenue as march of humanoid robots gathers pace

AgiBot, one of the fastest-growing robotics start-ups in China, has set its sights on exceeding 1 billion yuan (US$142 million) in revenue for 2025, as the industry accelerates the commercialisation and large-scale deployment of humanoid robots. AgiBot was expected to ship a total of 5,000 humanoid robots in 2025, chairman and CEO Deng Taihua said in a company event on Monday. AgiBot’s output and sales targets, which the start-up confirmed on Tuesday, were expected to maintain “multi-fold”...

Economics