The People’s Bank of China will issue central bank bills in Hong Kong next week, a tool that is typically used to stabilize the yuan’s exchange rate in the offshore market.

The People's Bank of China will issue central bank bills worth 60 billion yuan ($8.18 billion) in Hong Kong on Jan 15, which experts said sends a policy signal of strengthening offshore renminbi liquidity management and stabilizing the yuan exchange rate.

China expanded its support for the beleaguered yuan with a plan to issue a record amount of bills in the Hong Kong market to add demand for the currency overseas.

China’s consumer inflation weakened further toward zero, decelerating for a fourth straight month in a setback for government efforts to stamp out deflation and revive demand with economic stimulus.

China's consumer inflation slowed in December, leading to modest annual price gains for 2024 while factory-gate deflation extended into a second year, amid sputtering economic demand. A combination of job insecurity,

Consumer prices eked out growth in 2024, capping yet another year marked by stubborn disinflationary pressures that have dented business confidence and troubled policymakers.

Justin Trudeau is resigning as Canadian Prime Minister, and Germany’s solar power industry is in trouble. US bankruptcy filings hit their highest rate in 14 years, and the People’s Bank of China has announced a major policy overhaul as pressures on the economy mount.

China’s central bank expanded its gold reserves for a second month in December, signaling renewed appetite after temporarily pausing purchases last year as prices soared.

China Development Bank has released a $254.76 million loan to Nigeria for a railway project linking the two northern states of Kano and Kaduna, the bank said, ahead of a visit to the West African country by China's top diplomat this week.

The China Development Bank has announced a $254.76 million loan to Nigeria for the construction of a railway project. China’s involvement in Nigeria’s railway modernization program is part of its broader Belt and Road Initiative.

The China Development Bank (CDB) has approved the first tranche of a $255 million loan for the Kaduna-Kano railway project. The announcement was made on Tuesday, January 7, as part of China's commitment to enhancing Nigeria's transport network under the Belt and Road Initiative.

On Monday, the CSI 300, a blue-chip index for mainland China's stock exchanges, fell to the lowest since September. The ChiNEXT Index, a so-called risk barometer tracking the performance of innovative and high-growth SMEs in China, has also dropped 8% since Dec. 31, according to charting platform TradingView.

The Chinese yuan has extended its three-month losing trend, sliding to its lowest since September 2023. "Markets Daily" host Jennifer Sanasie breaks down what CNY's strength means for bitcoin price. This content should not be construed or relied upon as investment advice.

The start of 2025 has seen China’s market and currency woes ensue, as analysts claim these struggles could lead to a “second-term” Bitcoin (BTC) bull run. The largest crypto by market capitalization has gone back to trading over $100,