China Strengthens Yuan Stability and Boosts Cross-Border Financing
China is implementing measures to stabilize the yuan and expand cross-border financing, enhancing market resilience and supporting businesses globally.
SAFE
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China’s Forex Reserves Slip Amid Global Market Shifts
China’s forex reserves declined by $44.8 billion in April due to a stronger U.S. dollar, but SAFE remains optimistic about economic resilience.
Chinese Mainland’s Forex Reserves Climb to $3.2457 Trillion in March
Chinese mainland’s forex reserves rose to $3.2457 trillion in March, a 0.62% increase driven by exchange rate fluctuations and rising asset prices, according to SAFE.