The onshore bonds issued by the Ministry of Finance and the policy banks on the mainland under the same programme will also ...

The Chinese currency's cheaper funding costs and growing offshore liquidity, coupled with a new facility, are boosting its appeal The use of the yuan in trade finance is gaining momentum as companies ...

People’s Bank of China governor Pan Gongsheng said during a 20-minute speech at the annual Asian Financial Forum in Hong Kong. Beijing could also adjust and increase fiscal spending, he said.

unveiling plans to park more dollars in Hong Kong to bolster the yuan and to improve capital flows by allowing companies to borrow more overseas. The People's Bank of China (PBOC) has tried other ...

The People’s Bank of China said Thursday that it will issue central bank bills in Hong Kong next week, a move seen as efforts to stabilize the yuan’s exchange rate in the offshore market.

worth of bills in Hong Kong on Jan. 15. The bills will be issued with maturity of six months, or 182 days, the People's Bank of China said in a statement. The move aims to enrich yuan-investment ...

SHANGHAI -- The People's Bank of China on Thursday said it will issue renminbi-denominated central bank bills worth a record 60 billion yuan ($8.18 billion) in Hong Kong, in what analysts said was ...

They sought sanctuary in the UK after escaping a crackdown on pro-democracy protests and the introduction of repressive ...

(Bloomberg) -- China expanded its support for the beleaguered yuan with a plan to issue a record amount of bills in the Hong Kong market to mop up excess liquidity. The People’s Bank of China ...

Offshore RMB activities experienced a setback, however, after the People’s Bank of China changed the way it set the central parity rate in August 2015. RMB deposits in Hong Kong fell from 1.0 ...