China software and IT services revenue jumps 10.3% to 6.25 trillion yuan in Jan–May 2026 China software and IT services revenue rose 10.3% to 6.25 trillion yuan in Jan–May 2026, …
Yuan
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Business
Chinese yuan undervaluation robs German economy of 43 billion euros by 2028
by James Bryantby James BryantUndervalued yuan costs Germany billions, study finds — €43bn boost possible if currency fairly valued A new German Institute for the Economy (IW) study warns that the undervalued yuan is …
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China floods kill 22 as record heavy rains batter central and southern provinces China floods kill 22 in central and southern provinces as record heavy rains close schools, sever communications …
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US dollar edges up to 6.8589 yuan as daily trading band holds China’s daily dollar-yuan exchange rate ticks higher by 10 pips to 6.8589, reflecting routine market movement within the …
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Ras Al Khaimah National Bank (RAKBANK) announced yesterday that it has completed an international transfer of the Chinese digital yuan against the digital dirham (CBDC) issued by the Central Bank …