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 ...

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

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.

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 ...