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VIDEO: China's yuan may get reserve status

2015-05-28 06:07:04| BBC News | Business | UK Edition

China's yuan may become a global reserve currency this year - Bank of America's Claudio Piron explains why that's important.

Tags: video status reserve yuan

 

China's yuan 'no longer undervalued'

2015-05-26 12:53:57| BBC News | Business | UK Edition

China's yuan has strengthened over the past year to its correct value, according to the International Monetary Fund.

Tags: longer yuan chinas undervalued

 
 

Logistics industry reports 7 trillion yuan sales

2015-04-17 09:25:41| Logistics - Topix.net

The revenue of China's logistics sector increased by 6.9 percent year on year in 2014, driven by the online retail sales boom, new data showed. Total revenue of the sector topped 7.1 trillion yuan last year, according to a joint statement by the National Development and Reform Commission, the National Bureau of Statistics and the China Federation of Logistics & Purchasing.

Tags: sales reports industry logistics

 

Air China warns H1 net could fall up to 65 percent on weak yuan

2014-07-14 17:40:50| Airlines - Topix.net

Air China did not specify its financial cost for the January-June period but said its net income would be 55-65 percent less than the 1.12 billion yuan it booked for the same period a year ago.

Tags: on net china air

 

S Korea to get yuan clearing system

2014-07-04 06:21:18| BBC News | Business | UK Edition

South Korea will get a yuan clearing system in Seoul, expanding the list of countries with direct access to trade in the Chinese currency.

Tags: system korea clearing yuan

 

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