A stronger currency may be coming but policymakers in Beijing face two dilemmas that will limit their appetite for exchange ...
Dec 4 (Reuters) - China's major state-owned banks bought dollars in the onshore spot market this week and held on to them in an unusually strong effort to rein in yuan strength, according to people ...
Chinese citizens want to get money out of the country, while criminals are looking to clean illicit funds. They’re both using the same broker. An underground banking network in China has spent the ...