Xinyi joined the Post in 2024, starting out in Hong Kong. She previously reported on business news in Singapore and taught writing at a university in Shanghai. She graduated with a degree in anthropology from Yale-NUS College.
Xinyi joined the Post in 2024, starting out in Hong Kong. She previously reported on business news in Singapore and taught writing at a university in Shanghai. She graduated with a degree in anthropology from Yale-NUS College.
Beijing’s move to lift offshore-loan quotas seen helping stabilise yuan against weaker US dollar while accommodating a surge in net financing via ‘panda bonds’.
Export figures fall short of predictions, rising by 2.5 per cent, while imports grow by 27.8 per cent as conflict in Middle East causes global disruption.
Zhou Xiaochuan, who laid the foundation for China’s currency to go global, says Beijing can capitalise on changes in the international monetary landscape.
As US-Israel war with Iran sends prices up, a monetary expert says impact on China depends on conflict’s severity, while higher energy costs are worrying.
More than doubling the number of institutions using digital yuan in day-to-day operations, China is deepening the currency's role in its financial system.
Before the Iran energy crisis and latest round of China-US trade talks, retail spending grew 2.8 per cent while fixed-asset investment increased 1.8 per cent.