BEIJING, Feb. 3 (Xinhua) -- China Development Bank issued loans of 20.4 billion yuan (about 2.85 billion U.S. dollars) in 2024 to support 136 "dual-use public infrastructure" projects in cities ...

Here Are the Tools That China Uses to Manage the Yuan: QuickTake The additional bill issuance in Hong Kong is a tactic that the PBOC deployed multiple times before and it was last used in 2023.

SHANGHAI -- The People's Bank of China on Thursday said it will issue ... In December, the PBOC issued bills totaling 20 billion yuan.

China expanded its support for the beleaguered yuan with a plan to issue a record amount of bills in the Hong Kong market to mop up excess liquidity. The People’s Bank of China will auction 60 ...

a strategist at Oversea-Chinese Banking Corp. “At this point, the combination of fixing pattern and offshore funding squeeze are intended to guide for a stable yuan.” The additional bill ...

The People’s Bank of China said Thursday that it ... a move seen as efforts to stabilize the yuan’s exchange rate in the offshore market. The bill issuance is aimed at improving the yield ...

The issuance is set to be the largest on record since the central bank started bill auctions in Hong Kong regularly in 2018, according to Bloomberg-compiled data. The yuan’s tumble in recent months, ...