News agency Reuters on Thursday (September 29) reported that China is stepping up efforts to stem the yuan's descent. Citing four sources with knowledge of the matter, it reported that China's central bank has asked major state-owned banks to be prepared to sell dollars for the local unit in offshore markets.

China stepping up efforts to stem the yuan's descent: Report

China wants to invest further in the Indian market but in the aftermath of the border skirmish, Chinese products have been boycotted all over India. After the border provocation, investment opportunities for China in India have become very limited.

Now, People’s Bank of China eyes another Indian bank

China's central bank said Sunday it would inject 1.2 trillion yuan ($173 bln) into the economy as the country struggles to contain the deadly virus that is expected to hit the already slowing economy, news agency AFP reported.

Chinese central bank to inject $173 billion to economy as country fights coronavirus

China's offshore yuan surged past 7 per dollar to four-month highs on Tuesday, benefiting from signs Beijing and Washington are approaching a trade deal and also from the Chinese central bank's decision to trim lending rates by only 5 basis points.

Chinese yuan surges to three-month high on trade optimism, 'tiny' rate cut

China's central bank said on early Tuesday it will sell yuan-denominated bills in Hong Kong in late June, in a move that some market analysts believed was aimed at stemming a sharp decline in the yuan currency.

China central bank to issue bills in Hong Kong to stabilise weakening yuan

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China stepping up efforts to stem the yuan's descent: Report

Now, People’s Bank of China eyes another Indian bank

Chinese central bank to inject $173 billion to economy as country fights coronavirus

Chinese yuan surges to three-month high on trade optimism, 'tiny' rate cut

China central bank to issue bills in Hong Kong to stabilise weakening yuan