Money policy stance to ward off challenges

The People's Bank of China, the central bank, will maintain its normal monetary policy stance and facilitate flexibility of the renminbi exchange rate, despite the challenges from external financial vulnerabilities, senior officials said.

April 2, 2021

China explores digital yuan for cross-border transactions

China is exploring ways to use its digital yuan for cross-border transactions to meet market demand, the central bank said on Thursday.

April 2, 2021