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China's yuan: central bank to boost flexibility of exchange rate to handle 'shocks' from overseas monetary policy

China’s central bank says it will increase the flexibility of the yuan exchange rate and prioritise stability and domestic needs to handle monetary adjustments in advanced economies. ....

Foreign Exchange , China Economy , Hina Currency News , Peoples Bank Of China Pboc , Banking Amp Finance , Global Monetary Policy , Central Banks , Hina Stocks And Bonds ,

China's trade sector overcomes geopolitical, COVID pressure to set record in 2022

The mighty Chinese trade engine overcame a number of difficulties including corona-virus lockdowns and faltering overseas demand to exceed 40 trillion yuan ($5.96 tril-lion) for the first time in history in 2022, data released by the Chinese customs showed on Friday, demonstrating the resilience and ability of China s trade sector to withstand pressure, which economists hailed as being the real tower of strength sup-porting global supply chain stability in the past three years. ....

Chen Jia , United States , Chen Jing , Zhang Tianbang , Zhou Maohua , Shanghai Organization , Strategy Research Institute , Everbright Bank , Zhengzhou Huanhang International Freight Co , Regional Comprehensive Economic Partnership , Association Of Automobile Manufacturers , Lianyungang Port , East China , Jiangsu Province , Global Times , Chi Na Association , Automobile Manufacturers , Glob Al Times , Zhejiang Province , Southeast Asian , Shanghai Coopera Tion ,

China's foreign trade in 2022 surpasses 40 trillion yuan for the first time

China’s foreign trade grows 7.7% y-o-y to 42.07 trillion yuan ($6.26 trillion) in 2022, making the country the No.1 goods trading nation around the world for a sixth consecutive year. Import and exports to ASEAN countries saw a significant increase of 15%. ....

Local govts issue vouchers to boost consumption

As the Spring Festival approaches, many local governments have stepped up their efforts to boost consumption by issuing vouchers and launching a range of promotion activities, Securities Daily reported on Wednesday. ....

Fu Yifu , Shu Jueting , Zhang Yiqun , China Special Committee On Budget Performance , Ministry Of Commerce , Spring Festival , Securities Daily , Star Atlas Institute , China Special Committee ,