Archive for the 'Chinese Yuan' Category
Strong China trade data point to rise in yuan (Reuters via Yahoo! News)
Chinese exports and imports grew faster than expected in February, underlining the momentum behind the world’s third-largest economy and reinforcing the case for a rise in the yuan.
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China loans fall to 700 bln yuan in Feb -state media (Reuters via Yahoo! Malaysia News)
SHANGHAI, March 10 (Reuters) – Chinese banks extended about 700 billion yuan ($102.5 billion) in new loans in February, down from 1.39 trillion yuan in January, the official China Securities Journal reported on Wednesday, citing unnamed sources.
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Israel’s Infinity launches six China yuan funds (Reuters via Yahoo! Malaysia News)
JERUSALEM, March 9 (Reuters) – Israeli venture capital fund Infinity-I China said on Tuesday it had launched six yuan-denominated private equity funds in partnership with seven Chinese cities to spur business growth through new technology.
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It takes yuan to know yuan (Daily Telegraph)
China’s central bank governor has sent out clearest signal yet that the yuan might be allowed to appreciate. But investors shouldn’t get too excited. Beijing still seems a long way from forming a clear view on managing the Chinese currency.
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China cautions against expecting fast yuan rise (MalaysiaNews.net)
BEIJING: Any rise in the yuan’s exchange rate will be gradual, China’s trade chief said on Monday in comments that underline the competing interests at the heart of Chinese policy-making. The yuan is …
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China cautions against expecting fast yuan rise (Reuters via Yahoo! News)
Any rise in the yuan’s exchange rate will be gradual, China’s trade chief said on Monday in comments that underline the competing interests at the heart of Chinese policy-making.
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(AFX UK Focus) 2010-03-08 02:21 China’s yuan reform to remain gradual -minister (Interactive Investor)
BEIJING, March 8 (Reuters) – China will continue to reform its yuan policy in a gradual and controlled manner, Commerce Minister Chen Deming said on Monday. Speaking on the sidelines of the country’s annual parliament, Chen told Reuters that the government’s exit from its stimulative stance last year really meant a fine-tuning of policies. Chinese central bank governor Zhou Xiaochuan said on …
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China central bank chief: Yuan policy to change (Market Watch)
Chinese central bank Gov. Zhou Xiaochuan reportedly says China will eventually move away from its current currency-exchange policy, but signs suggest Beijing won’t allow the yuan to rise anytime soon.
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China’s Shrinking Trade Surplus to Ease Yuan Pressure (Update2) (Bloomberg)
March 8 (Bloomberg) — Top Chinese officials said the nation’s trade surplus is shrinking and urged caution in exiting crisis policies, suggesting that the yuan may not appreciate soon against the dollar.
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Roubini Says ‘Super Cautious’ China to Limit Yuan Gain to 4% (Bloomberg)
March 8 (Bloomberg) — China will limit the yuan’s appreciation to 4 percent over the next 12 months because of a ’super cautious’ outlook on the global economy, said New York University Professor Nouriel Roubini.
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