Run by Xinhua News Agency/ China Finance Corporation (CFC)



Conditions ripe for launching forex futures, official

2014-12-01 GMT+8:00

It's quite necessary for China to develop forex futures, and conditions for introducing the product are basically mature now, Li Yu, former vice president of China Foreign Exchange Trade System was quoted by China Securities Journal as saying on Monday. ... Full Story

Limited room for RMB appreciation before year-end, UBS

2014-10-15 GMT+8:00

There is limited room for RMB appreciation before the end of this year despite of China's high trade surplus in September, and the USD/RMB exchange rate will hover around 6.2 by end-2014, according to the UBS' report released on Tuesday. ... Full Story