The ISO code for renminbi (which may also be used for the yuan) is CNY (an abbreviation for "Chinese yuan"), or also CNH when traded in off-shore markets such as Hong Kong. The currency is often abbreviated RMB, or indicated by the yuan sign ¥. The latter may be written CN¥ to distinguish it from other currencies with the same symbol (such as the Japanese yen). In Chinese texts the currency may also be indicated with the Chinese character for the yuan, 圆 (or 元 informally). The renminbi is legal tender in mainland China, but not in Hong Kong or Macau. Renminbi is sometimes accepted in Hong Kong and Macau, and are easily exchanged in the two territories, with banks in Hong Kong allowing people to maintain accounts in RMB. The currency is issued by the People's Bank of China, the monetary authority of China.
HANGZHOU, ChinaSept 26 (Reuters) - China won the first gold esports medal in Asian Games history in the Eastern Chinese city of Hangzhou on Tuesday by beating Malaysia in the smartphone multiplayer battle game “Arena of Valor”, to delight fans in the world’s biggest esports market ... ($1 = 7.3084 Chinese yuan renminbi).
SHANGHAI/HONG KONG, Sept 26 (Reuters) - Alibaba Group (9988.HK) on Tuesday kicked off its restructuring with a plan to list its logistics arm Cainiao in Hong Kong that would make the unit the first to be separated since the Chinese e-commerce giant announced its break-up six months ago ... ($1 = 7.3085 Chinese yuan renminbi).
SHANGHAI, Sept 24 (Reuters) - ChinaReform Holdings Corp, a Chinese manager of state assets, plans to raise at least 100 billion yuan ($13.70 billion) for a fund that will invest in emerging industries, the China BusinessNews reported on Sunday ... ($1 = 7.2980 Chinese yuan renminbi) ... Our Standards ... Read Next ... ....
The Evergrande unit was being probed by the Chinese securities regulator for suspected violation of information disclosure ... in which multiple Chinese developers have defaulted over the past year, forcing many to enter debt restructuring talks ... ($1 = 7.2980 Chinese yuan renminbi).
SHANGHAI, Sept 24 (Reuters) - ChinaReform Holdings Corp, a Chinese manager of state assets, plans to raise at least 100 billion yuan ($13.70 billion) for a fund that will invest in emerging industries, the China BusinessNews reported on Sunday ... ($1 = 7.2980 Chinese yuan renminbi) ... Our Standards ... Acquire Licensing Rights ... ....
A worker counts Chinese currency renminbi at a bank in Linyi, east China's Shandong province... The onshore renminbi weakened to 7.3097 against the dollar on Thursday, the lowest level since Sept 11, according to market tracker WindInfo ... economy while stabilizing the renminbi.
In the economic domain, the strategy of dual circulation should be continuously executed to advance the internationalization of the renminbi ... At the same time, China needs to consolidate its role as a key importer and competitive exporter in international trade to increase the share of trade settled in the renminbi.