The most important news item occurred after the market close as Reuters reported the NPC will approve RMB 10 trillion ($1.4 trillion) of fiscal stimulus, the equivalent to 8% of GDP via special ...
人民币,简称 RMB,是中华人民共和国的法定货币。它由中国人民银行负责发行和管理。 人民币的货币符号为“”,货币代码为 CNY。人民币的单位包括元、角、分,1 元等于 10 角,1 角等于 10 分。
In recent years, Beijing has made efforts to facilitate the settlement of China-Saudi oil trade in renminbi (RMB) rather than in U.S. dollars, a move that would steel China’s trade from financial ...