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Chinese Renminbi News. Service for research professionals. Constantly updated news and information about Banking.
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  • The truth behind China's currency peg 21 Nov 2009 05:54 GMT
    ... During President Obama's high profile visit to China this week, the most frequently discussed, yet ... discussed, yet least understood, topic was how currency valuations are affecting the economic relationship between ... policy of fixing the value of the renminbi against the U.S. dollar. While many correctly ...

  • News Analysis: A Small Step to Bridging the Taiwan Strait 21 Nov 2009 23:10 GMT
    ... they use to sign it, and which Chinese script should they write in? Despite the ... 2015 before it can do business in renminbi, the Chinese currency. ...

  • US lawmakers threaten sanctions on China over currency 20 Nov 2009 03:58 GMT
    ... Barack Obama's administration Thursday for not pressuring China enough over its rigid currency as they set the stage for slapping ... both China and the global economy. "The renminbi (yuan) is undervalued. It's not only in ...

  • A dialogue on the Chinese renminbi 19 Nov 2009 07:52 GMT
    ... then, many market observers predicted that the renminbi would depreciate against the USD by following ... other EM currencies. I believe that, had China allowed renminbi depreciation, the depreciation pressures on ... that the renminbi is the weakest EM currency is valid only as far as the ...

  • Obama must warn China on currency 17 Nov 2009 07:32 GMT
    ... expects President Obama to come back from China with major new agreements, on economic policy ... hosts engage in some frank talk about currency policy. For the problem of international trade ... — forces that should have strengthened the renminbi, China's currencyChinese authorities have kept ...



  • UPDATE 1-US Congress urged to combat China trade practices 19 Nov 2009 21:57 GMT
    ... (Reuters) - The United States must combat China's trade-distorting industrial and currency policies with U.S. trade laws and by ... reiterated a long-standing U.S. complaint that China's renminbi currency is pegged at an artificially low ...

  • U.S. Congress urged to combat China trade practices 19 Nov 2009 22:32 GMT
    ... U.S. Congress urged to combat China trade practices WASHINGTON (Reuters) - The United ... States must combat China's trade-distorting industrial and currency policies with U.S. trade laws and by ... reiterated a long-standing U.S. complaint that China's renminbi currency is pegged at an artificially low ...

  • The Era of the Renminbi Is at Hand 20 Nov 2009 22:30 GMT
    ... The Era of the Renminbi Is at Hand So far this year, the IPO market in China is 2.5 times larger than the IPO ... Blackstone’s fund is denominated in the Chinese currency, which is officially called the renminbi. Blackstone’s ...

  • Currency strategist calls parity for Aussie dollar 20 Nov 2009 05:13 GMT
    ... months and peak at about $US1.02-03, a currency strategist says. State Street Global Advisers head ... despite talk of the emergence of the Chinese Renminbi. He said the current weakness of the ...

  • Currency: Aussie dollar 'will peak at US$1.03' 20 Nov 2009 03:57 GMT
    ... be corrected." The strength of the local currency two years ago, when it traded as ... despite talk of the emergence of the Chinese Renminbi. He said the current weakness of the ...

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  • China continues its aggressive pursuit of Africa's resources 16 Nov 2009 09:37 GMT
    ... China continues its aggressive pursuit of Africa’s resources ... percent. China has over $2 trillion in currency reserves and US Treasury bills, which are ... exchange reserves and the rest in Chinese Renminbi (about RMB2.7 trillion). It would make loans ...

  • Obama urges China to strengthen renminbi 17 Nov 2009 15:10 GMT
    ... November 17 2009 14:51 on Tuesday urged China to strengthen its currency as tensions over exchange rates and trade ... voices calling on China to allow the renminbi to appreciate. “I was pleased to note ...

  • US urges China to strengthen renminbi 17 Nov 2009 15:31 GMT
    ... November 17 2009 14:51 on Tuesday urged China to strengthen its currency as tensions over exchange rates and trade ... voices calling on China to allow the renminbi to appreciate. “I was pleased to note ...

  • Chinese exporters fear new wave of exchange rate fluctuations 16 Nov 2009 07:53 GMT
    ... showed his handcrafted ceramics at the 2004 China Import and Export Fair in Guangzhou, he ... rate. Before the Chinese government switched the Renminbi, the Chinese currency, from the U.S. dollar peg to a ...

  • Under Friendly Veneer, China Pushes Back on Obama 17 Nov 2009 21:31 GMT
    ... Obama greeted a group of about 500 Chinese students at the Museum of Science and ... publicly discuss the possibility of sanctions, to currency, where he made no nod toward changing the value of the renminbi, to human rights, where a joint statement ...

  • US lawmakers threaten China sanctions over currency 20 Nov 2009 02:33 GMT
    ... lawmakers criticized US enough over its rigid currency as they set the stage for slapping import duties on Chinese goods. As Obama returned home without any ... later," saying it would benefit both "The renminbi (yuan) is undervalued. It's not only in ...

  • US lawmakers may penalise China over rigid yuan 20 Nov 2009 10:42 GMT
    ... for not pressuring enough over its rigid currency as they set the stage for slapping import duties on Chinese goods. As Obama returned home without any ... later," saying it would benefit both "The renminbi (yuan) is undervalued. It's not only in ...

  • China Holds Firm on Major Issues in Obama's Visit 18 Nov 2009 02:54 GMT
    ... not publicly discuss the possibility of sanctions), China's currency (he made no nod toward changing its ... its policy of keeping its currency, the renminbi, pegged at an artificially low value against ...

  • China Holds Firm on Major Issues in Obama's Visit » 18 Nov 2009 05:33 GMT
    ... conciliatory tone on his first visit to China. On topics like Iran (Mr. Hu did ... publicly discuss the possibility of sanctions), China's currency (he made no nod toward changing its ... its policy of keeping its currency, the renminbi, pegged at an artificially low value against ...

  • Geithner confident China will let yuan rise 19 Nov 2009 21:22 GMT
    ... would allow its tightly controlled currency to be more flexible and reflect market ... over the rigid yuan currency, Geithner noted China had made a commitment to allowing the ... later," saying it would benefit both "The renminbi (yuan) is undervalued. It's not only in ...

  • IMF and US push for stronger Chinese currency 17 Nov 2009 23:17 GMT
    ... Visiting China, the head of the International Monetary Fund, ... continues to press Beijing to let its currency strengthen. He said that should be part ... “We do believe firmly in that the renminbi is undervalued and that it is not ...

  • Obama holds talks with China's Hu Jintao - Update 17 Nov 2009 05:52 GMT
    ... US President Barack Obama held talks with Chinese President Hu Jintao on Tuesday after saying ... again to allow more appreciation of its renminbi currency, which some Western politicians have accused China ...

  • Obama holds talks with China's Hu Jintao - Update 17 Nov 2009 06:16 GMT
    ... US President Barack Obama held talks with Chinese President Hu Jintao on Tuesday after saying ... again to allow more appreciation of its renminbi currency, which some Western politicians have accused China ...

  • Renminbi in the spotlight 16 Nov 2009 19:30 GMT
    ... updated: November 16 2009 19:10 As Barack Obama undertakes his first official visit to China, the fate of the renminbi is again in the spotlight of the international currency market. Ever since the People’s Bank of China changed the wording of a key ...

  • Renminbi sparks strong views 16 Nov 2009 19:50 GMT
    ... updated: November 16 2009 19:10 As Barack Obama undertakes his first official visit to China, the fate of the renminbi is again in the spotlight of the international currency market. Ever since the People’s Bank of China changed the wording of a key ...


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