The PBOC and the HKMA have a currency swap arrangement for a total 800 billion yuan. Under the new facility, banks can exchange their Hong Kong dollars for yuan funding with the HKMA at interest rates ...

The macro-prudential adjustment parameter, a multiplier that decides the upper limit of outstanding cross-border financing available to an institution, has been revised from 1.5 to 1.75, according to ...

BEIJING, Jan. 12 (Xinhua) -- China's General Administration of Customs (GAC) on Sunday unveiled 16 key measures aimed at further energizing the country's central region.

The CIO's move for Yoon's arrest came after he refused to meet three summons requests for questioning in a probe by a joint investigation unit consisting of the CIO, the National Office of ...

According to GAC data, the total imports and exports of China's western regions surged from 2.96 trillion yuan (about 412 billion U.S. dollars) in 2020 to 3.74 trillion yuan in 2023, representing an ...