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Cross-Border Yuan Flows on China’s Network Head for Record Year

Bloomberg Markets·Iris Ouyang·1 day ago
#PKEvHbX9
#bloomberg#business#china#cross#border

China’s cross-border yuan payment system is heading for its busiest year since its launch in 2015, as robust trade and greater use of the currency for settlements accelerate growth in a key piece of Beijing’s financial infrastructure.

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China Draws Robust Demand for Debut Green Bond Sale in Canada
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China Draws Robust Demand for Debut Green Bond Sale in Canada

Bloomberg Markets·Bloomberg News·1 day ago
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#bloomberg#business#yuan#finance#monday

China is attracting robust demand for its debut yuan-denominated green bonds in Canada, expanding its offshore debt footprint to finance sustainable projects as ties between the two nations warm.

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Former NCT Member Lucas Wong Makes Acting Debut in Taiwanese Folk-Music Drama ‘A Time’ With Jerry Yan, Ning Chang at Taiwan Creative Content Fest
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Former NCT Member Lucas Wong Makes Acting Debut in Taiwanese Folk-Music Drama ‘A Time’ With Jerry Yan, Ning Chang at Taiwan Creative Content Fest

#variety#artsculture#tsao#taiwan#taiwanese

Taiwanese director Tsao Jui-yuan unveiled his new drama series “A Time,” rooted in Taiwan’s campus folk music movement of the 1970s, at the Taiwan Creative Content Fest (TCCF).…

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Offshore Yuan Weakens After PBOC Moves to Cool Currency Rally

Bloomberg Markets·Bloomberg News·8 days ago
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#bloomberg#business#yuan#onshore#longest

The onshore yuan ended its longest winning streak in three decades after the People’s Bank of China moved to cool its rally by asking banks to hold more foreign currencies in reserve.

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Indonesia Eyes Panda Bond as It Confronts MSCI Risk

Bloomberg Markets·Bloomberg News·20 days ago
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#bloomberg#business#billion#indonesia#seeking

Indonesia is seeking to raise as much as 10 billion yuan ($1.5 billion) through a panda bond sale, returning to China’s onshore debt market as Southeast Asia’s largest economy confronts MSCI Inc.’s double downgrade threat.

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China’s Yuan Rises to Highest Level Against Basket Since 2022
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China’s Yuan Rises to Highest Level Against Basket Since 2022

Bloomberg Markets·Jacob Gu·5 months ago
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#bloomberg#china#yuan#strengthened#highest

China’s yuan has strengthened to its highest level in nearly four years versus a basket of trading-partner currencies, underscoring the appeal of Chinese assets as a regional haven during the Iran conflict.

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Ecobank Seeks Yuan Link to Trim Dollar Dominance in Africa Trade
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Ecobank Seeks Yuan Link to Trim Dollar Dominance in Africa Trade

Pan-African lender Ecobank Transnational Inc. is exploring ways to facilitate direct yuan payments for its clients trading with China as it seeks to boost ties with the continent’s biggest trading partner and reduce reliance on the dollar.

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Wingtech posts $1.3 billion loss and faces Shanghai delisting as Nexperia audit collapses — 57% of company's…
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Wingtech posts $1.3 billion loss and faces Shanghai delisting as Nexperia audit collapses — 57% of company's…

Tom's Hardware·Luke James·6 months ago
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From Latest from Tom's Hardware: Wingtech posts $1.3 billion loss and faces Shanghai delisting as Nexperia audit collapses — 57% of company's assets can't be verified

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Will the Yuan’s Fall Force China to Re-energize Reforms?
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Will the Yuan’s Fall Force China to Re-energize Reforms?

Knowledge at Wharton·@HashtagPLUS·7 months ago
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#search#china#currency#market#yuan

Following last week’s devaluation of the yuan, the focus is shifting to structural impediments China faces on its path to reforms.…Read More

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602: The Hardscrabble Business of Chinese Manufacturing in Africa
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602: The Hardscrabble Business of Chinese Manufacturing in Africa

HBR IdeaCast·7 months ago
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#hbsp#chinese#factories#africa#irene

Irene Yuan Sun, a consultant at McKinsey, explains why so many Chinese entrepreneurs are setting up factories in Africa. She describes what it's like inside these factories, who works there, what they're making—and how this emerging manufacturing sector…

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