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China Yuan News. Service for global professionals. Constantly updated news and information about China.
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Latest China Yuan News

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  • Geithner confident China will usher in flexible currency 21 Nov 2009 01:50 GMT
    ... U.S. Treasury Secretary Timothy Geithner said Thursday he was ... he was confident China would allow its yuan currency to become more flexible and reflect market ...

  • Obama, Hu stress co-operation after 2 hours of talks, but divisions remain on key issues 21 Nov 2009 05:15 GMT
    ... even stronger stand." Obama later called on China to relax controls that keep the Chinese currency relatively weak and thus help fuel exports - something Beijing officials have rejected in ...

  • China will have own bubble to confront, Pimco's Bill Gross says 21 Nov 2009 03:32 GMT
    ... Updated Saturday, November 21, 2009 11:05 am TWN, By ... mainland,” he added. China has kept its currency at about 6.83 per dollar since July ... September. “With renewed upward appreciation of the yuan may come potentially volatile global asset price ...

  • US Congress investigates Chinese currency 'manipulation' 20 Nov 2009 02:10 GMT
    ... Members of the US Congress say the yuan's undervaluation is costing American jobs (Reuters) Members ... asked the commerce department to investigate alleged Chinese currency "manipulation" by the Chinese Government. The bipartisan ...

  • Chinese currency 'manipulation' 20 Nov 2009 02:30 GMT
    ... Members of the US Congress say the yuan's undervaluation is costing American jobs (Reuters) Members ... asked the commerce department to investigate alleged Chinese currency "manipulation" by the Chinese Government. The bipartisan ...

  • US investigates Chinese currency 'manipulation' 20 Nov 2009 02:52 GMT
    ... Members of the US Congress say the yuan's undervaluation is costing American jobs (Reuters) Members ... asked the commerce department to investigate alleged Chinese currency "manipulation" by the Chinese Government. The bipartisan ...

  • Official Chinese paper spurns calls for yuan shift 20 Nov 2009 07:26 GMT
    ... latest jab in a quarrel over the yuan , or renminbi, which the Obama administration says is held ... asked the Commerce Department to investigate alleged Chinese currency "manipulation", a designation the Obama administration has ...

  • Why Krugman Is Wrong About the Yuan 20 Nov 2009 11:53 GMT
    ... Strauss-Kahn, the managing director of the International Monetary Fund, both pushed for a stronger renminbi, the Chinese currency, whose principal unit is the yuan. Although the yuan has appreciated 20% against the dollar over the last several years, ...

  • The Era of the Renminbi Is at Hand 20 Nov 2009 22:30 GMT
    ... The Era of the Renminbi Is at Hand So far this year, ... that Blackstone’s fund is denominated in the Chinese currency, which is officially called the renminbi. Blackstone’s ...

  • US Congress threatens sanctions over China's yuan 20 Nov 2009 15:33 GMT
    ... US Congress threatens sanctions over China’s yuan After Obama’s requests and the silence of ... Department calling for an investigation into “China's currency manipulation”. It is “a potential first step ... is pegged at 6.8333 yuan. However, the Chinese currency should be re-valued by 33.43 per cent ...

  • CHINA UNITED STATES US Congress threatens sanctions over China's yuan 20 Nov 2009 19:53 GMT
    ... failing to get China to revalue the yuan. They plan to take steps to put ... Department calling for an investigation into “China's currency manipulation”. It is “a potential first step ... is pegged at 6.8333 yuan. However, the Chinese currency should be re-valued by 33.43 per cent ...

  • Yuan ends up; U.S. senators renew probe into peg 20 Nov 2009 11:52 GMT
    ... * U.S. senators seek probe into yuan "manipulation" * Dealers expect the yuan may ... Commerce Department on Thursday to investigate alleged Chinese currency "manipulation." [ID:nN19471538] The Chinese central bank fixed ...

  • Currency 'manipulation' 20 Nov 2009 02:52 GMT
    ... Members of the US Congress say the yuan's undervaluation is costing American jobs (Reuters) Members ... asked the commerce department to investigate alleged Chinese currency "manipulation" by the Chinese Government. The bipartisan ...

  • Yuan flat vs dlr; US senators renew probe into peg 20 Nov 2009 06:33 GMT
    ... * U.S. senators seek probe into yuan "manipulation" * Dealers expect the yuan may ... Commerce Department on Thursday to investigate alleged Chinese currency "manipulation." The Chinese central bank fixed the ...

  • US lawmakers may penalise China over rigid yuan 20 Nov 2009 10:42 GMT
    ... any pledge from China to make its yuan flexible, Republican and Democratic lawmakers sent a ... later," saying it would benefit both "The renminbi (yuan) is undervalued. It's not only in ... years after Beijing decided to abandon the Chinese currency's decade-old peg to the greenback. Between 2005 ...


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Is Belgian Prime Minister Herman Van Rompuy the right person to lead the EU as its president? (Nov. 20, 2009)



 

Markets

Exchange Rates:

Chinese Renminbi:
USD 1 = CNY 6.8276
EUR 1 = CNY 10.1806

Hong Kong Dollar:
USD 1 = HKD 7.7501
EUR 1 = HKD 11.5562

Macau Pataca:
USD 1 = MOP 7.9825
EUR 1 = MOP 11.9028

Taiwan Dollar:
USD 1 = TWD 32.3330
EUR 1 = TWD 48.2117

USD 1 = EUR 0.6706
EUR 1 = USD 1.4911

Closing Stocks:
Shanghai A: 3,469.68(-0.37%)
Shenzhen A: 1,268.89(0.53%)
Hang Seng: 22,457.92(-0.82%)
Taiwan Taiex: 7,682.97(-0.99%)

Country Info About China

Visit the World Factbook for detailed information about China.
 

This Day in History

Nov. 21

China formally arrested Wei Jingsheng, its most prominent dissident and father of its embattled democracy movement.
What year was it?

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