Foreign issuers take majority share of panda bond proceeds in H1
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Foreign issuers take majority share of panda bond proceeds in H1
BEIJING, Oct. 5 (Xinhua) -- Foreign issuers accounted for 54 percent of funds raised through panda bonds in China in the first half (H1) of 2026, exceeding the share raised by Chinese issuers for the first time, according to the State Administration of Foreign Exchange (SAFE). Foreign issuers raise»»»
China signs up 26 financial institutions to digital yuan cross-border payment platform
SHANGHAI (June 16): China's digital yuan operation centre signed direct participant agreements with 26 financial institutions in Shanghai on Tuesday, aiming to expand low-cost, efficient cross-border payments and advance global adoption of the Chinese currency. The international oper»»»
China's digital RMB transactions top 14.2 trillion yuan
BEIJING -- China's digital RMB ecosystem has been established in preliminary terms, with cumulative transactions reaching 14.2 trillion yuan ($2 trillion) by the end of September 2025, according to the People's Bank of China (PBOC). The digital RMB pilot program, which now covers 26 localities acro»»»
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