Beijing must have enjoyed swapping the hot seat with Berlin at the Group of 20 summit in Mexico City this weekend.
China's central bank governor has argued that Beijing does not control the yuan's flow across borders as tightly as some think and that it is natural for the currency's trading band to be widened over time. ||| China's central bank ... Read Post
France and China have agreed to discuss how to work toward easing Beijing's controversial currency controls and making its yuan freely traded. ||| France and China have agreed to discuss how to work toward easing Beijing's controver... Read Post
BEIJING (AP) — China has announced a currency swap with Pakistan in the latest step to gradually expand use of the tightly controlled Chinese currency abroad. The Chinese central bank said Saturday it swapped 10 billion yuan ($1.6 b... Read Post