China to Maintain ‘Moderately Loose’ Monetary Policy, Keep Yuan Stable
China’s central bank announces plans for a ‘moderately loose’ monetary policy in 2024, aiming for a stable yuan and stronger economy.
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China Acts to Stabilize Yuan and Expand Cross-Border Financing
China’s financial regulators are taking steps to stabilize the yuan and expand cross-border financing, aiming to maintain a balanced exchange rate and support economic growth.
HSBC Joins China’s CIPS: Boosting Global Use of the Yuan
HSBC Hong Kong joins China’s CIPS, boosting the yuan’s global use and offering an alternative to traditional payment systems.