(Bloomberg) China moved to support the yuan by boosting the amount of overseas currencies in its local market, a sign Beijing is becoming more eager to restore confidence amid sluggish growth. Most Read from BloombergHong Kong Shuts Down City Before Super Typhoon Saola HitsFake Spare Parts Were Supplied to Fix Top-Selling Jet EngineEurope's Biggest Oil Company Quietly Shelves a Radical Plan to Shrink Its Carbon FootprintPutin Moves to Seize Control of Wagner’s Mercenary EmpireUBS Flags Cost C
The year 2023 is set to be a critical turning point for China, not least because the country downgraded its level of COVID-19 management from the strict "Category A" to a much less strict "Category B", starting from Jan 8.
Govt stresses RMB products to hedge risks--China Economic Net en.ce.cn - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from en.ce.cn Daily Mail and Mail on Sunday newspapers.
Economic recovery, firming yuan fuel foreign inflow to China s bond market shanghaisun.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from shanghaisun.com Daily Mail and Mail on Sunday newspapers.