BUDAPEST, Sept. 12 (Xinhua) -- The ninth Budapest Renminbi Initiative Conference was held on Friday at the headquarters of the National Bank of Hungary (MNB), marking the 10th anniversary of Hungary's central bank renminbi (RMB) program and the …

WANG XIAOYING / CHINA DAILY The lack of effective demand calls for the implementation of expansionary fiscal and monetary policy to stimulate the Chinese economy Editor's note: The world has undergone many changes and shocks in recent years. …

Lujiazui area in Shanghai Photo:Xinhua As Chinese stocks had an extended bull run, with the Shanghai benchmark index recently hitting the highest level in a decade, multiple top global investors, including Allianz Global Investors Fund and Morgan Stanley, …

BEIJING, Sept. 11 (Xinhua) -- The central banks of China and Indonesia on Thursday officially launched a local currency settlement framework for bilateral transactions, aiming to facilitate the further use of local currencies in bilateral trade and …

While the A-share market has recently hit multiple new records, foreign investors remain optimistic about its performance in the coming months, increasing their exposure to Chinese equities in anticipation of further capital inflows and structural …

Gold markets experienced a significant rally following the release of Producer Price Index (PPI) data, with Comex futures climbing $16.60 to establish a new record closing price of $3,680. This surge reflects growing market confidence in more aggressive …

Elena Kozhukhova, VELES Capital. 20 August 2025 10:54 The external background of Wednesday morning can be called ambiguous. Sentiment abroad is mixed, and oil prices are once again retreating from the area of local lows. Meanwhile, the Russian market has …

GUEST OPINION: Inflation expectations play a pivotal role in guiding investor behaviour, particularly when it comes to assets like gold that have long been viewed as safeguards against rising prices. As we navigate through 2025, with economic policies …

Türkiye's central bank announced on Friday that it had renewed its bilateral currency swap agreement with the People's Bank of China, updating the terms to reflect current exchange rates between the Turkish lira and the Chinese yuan. The agreement …

A foreigner uses an Alipay code on his mobile phone to buy coffee in Shanghai. CHINA DAILY Experts believe that Alipay+'s introduction of the country's first overseas e-wallet tax refund service will further enhance the mainland's tax refund …