yuan

British and Hong Kong leaders said Monday they will team up to develop London into an international trading center for China's currency.

China has announced plans to bolster Hong Kong's role as a leading off-shore trading hub for the yuan.

Chinese Vice Premier Li Keqiang says that Hong Kong plays an "irreplaceable role" in China's rapid economic growth, and will be key to making the yuan ...

China is ready to discuss its currency controls at talks in Washington next week, a Chinese official said Friday, but he gave no sign Beijing will act on U.S. pressure to speed the rise of its yuan.

The dollar rose against major currencies Monday as investors continued to gauge developments in Europe's debt crisis, pulling attention away from China's decision to allow the yuan to appreciate against the U.S. currency.

China's yuan surged on Monday the most since its revaluation in 2005, sending a clear signal ahead of this weekend's G20 summit that Beijing is sticking to its word of allowing greater currency flexibility.

June 21 -- Nicholas Lardy, a senior fellow at the Peterson Institute for International Economics in Washington, talks with Bloomberg's Rishaad Salamat about China's shift in currency policy, and its implications for the nation's economy and trade.

Farmers are benefiting from more than 15 billion yuan ($2.23 billion) in subsidies this year for appliance purchases by rural residents.

“We see a lot of rats running around. They run around on the ceilings, they eat our food,” said farmer Yang as he swatted flies in his kitchen.

“We didn’t have a fridge before. It’s much more convenient now.”

April 8 -- Eswar Prasad, a senior fellow at the Brookings Institution in Washington and a former China division director at the International Monetary Fund, talks with Bloomberg's Susan Li about trade disputes between the U.S. and China.

China's premier rejected foreign pressure over its exchange rate controls and said Sunday the Chinese currency will be kept "basically stable."