China
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Business
Latest crackdown in China ICYMI – brokers must limit their exposure to “snowball” derivatives
China is taking steps to regulate the derivatives market, targeting “snowball” derivatives. Authorities have asked some of the largest brokerages…
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Business
The People’s Bank of China today sets the USD/CNY midpoint at 7.1048 (vs. estimate of 7.2363).
The People’s Bank of China has set the onshore yuan (CNY) benchmark rate for the upcoming trading session. USD/CNY is…
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Business
Why the stronger yuan could prompt the People’s Bank of China to cut rates
An article via Reuters in brief: China doesn’t appear ready to cut rates, given surprisingly strong first quarter growth data…
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Business
People’s Bank of China expected to set USD/CNY benchmark rate at 7.2363 – Reuters estimate
The People’s Bank of China’s USD/CNY benchmark rate is expected around 01:15 GMT. The People’s Bank of China (PBOC), China’s…
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Business
UBS reconsiders China plans – high costs, poor profit prospects
High Risk Warning: Foreign exchange trading involves a high level of risk which may not be suitable for all investors.…
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Business
China to revise statistics law to combat data fraud
Faced with skepticism about the reliability of its data, China is reportedly revising its statistics law to prevent persistent data…
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Business
China recently acquired Nvidia chips banned in Super Micro and Dell servers
Reuters has the report on China’s acquisition of banned chips: Chinese universities and research institutes have recently obtained high-end Nvidia…
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Business
People’s Bank of China sets USD/CNY benchmark rate for today at 7.1043 (vs. estimate of 7.2359)
The People’s Bank of China has set the onshore yuan (CNY) reference rate for the upcoming trading session. USD/CNY is…
Read More » -
Business
People’s Bank of China expected to set USD/CNY benchmark rate at 7.2359 – Reuters estimate
The People’s Bank of China’s USD/CNY benchmark rate is expected around 01:15 GMT. The People’s Bank of China (PBOC), China’s…
Read More » -
Business
US-China trade war escalates: China imposes 43% tariffs on widely used US chemicals
ICYMI published a statement from the Chinese Ministry of Commerce on Friday reporting a new tax on American products. China…
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