Lower lending rates on horizon, infrastructure investment encouraged

China will keep monetary conditions accommodative and guide market lending rates even lower to solidify the country's economic recovery, officials said on Wednesday.

July 14, 2022

China's digital yuan transactions hit 83B yuan in first 5 months

Transactions of China's digital fiat currency, the e-CNY, hit 83 billion yuan (about 12.33 billion U.S. dollars) by the end of May this year, the country's central bank said Wednesday.

July 14, 2022