Bank of China's New York branch will enable Chinese firms to receive payment in yuan rather than dollars from their sales on US e-commerce platforms this year, the official Xinhua news agency reported on Sunday.

Bank of China to enable payment in yuan on US e-commerce platforms: Report

The fund will invest in the future of the Indian economy and track the distribution of the industrial structure across the Indian market, the report quoted a fund manager as saying

China's top state-run bank launches first India-dedicated investment fund

The Express Tribune reported that the with new borrowing the Chinese financial institution's contribution to supporting a strong rupee against the US dollar increased to USD 1 billion in just three months

Pakistan borrows $ 500 million from China