Sentences with phrase «on yuan»

That could make it more difficult for Chinese regulators to maintain a tight grip on the yuan.

At Princeton he studied painting with James C. Davis and Far Eastern Art with George Rowley, for whom he wrote his thesis on Yuan dynasty landscape painting.

In 1940, he earned a degree in Art and Archeology from Princeton University, where he wrote his thesis on Yuan Dynasty landscape painting.

Now, I don't want to cast doubt on Yuan's story; it's an important one to hear.

The leading factors cited were China's crackdown on the yuan, isolationist rumblings in the US and the UK, and increasing overall acceptance.

«People were thinking about alternatives to circumvent the reserve requirement to bet on yuan depreciation after yesterday's policy was out.

They are leading to capital outflows and a drain on reserves, as the central bank tries to resist downward pressure on the yuan.

Beijing has substantive tools at its disposal: gargantuan foreign exchange reserves, close control over the conduits of domestic finance, a current account surplus and a near - monopoly on yuan assets held on shore.

China keeps a tight grip on the yuan, allowing it to fluctuate up or down just 2 % on either side of the reference rate, which it sets daily.

Kotecha's view, however, is that the apparent market mayhem and mixed signals on the yuan is a «calculated» move by Chinese authorities to deter speculation.

The slowing of China's growth and manufacturing sector during the past year has hit investor sentiment towards the world's second - largest economy, causing volatility in its capital flows, putting pressure on its yuan currency and forcing the central bank to intervene in currency markets.

Not exact matches

On Tesla's website, he's customized his Model X — color: ocean blue — for a total cost of 1.2 million yuan ($ 175,000).

INDPRK's Che, who has a prominent social media presence, said Dandong New Zone transaction prices had risen from about 4,000 yuan per square metre to 5,500 to 6,000 yuan, which he attributes to the improving situation on the Korean peninsula.

That said, Tal goes on to write that there's a «clear sense of urgency» among many Chinese citizens to send their money out of the country because of a risk of a devaluation of the yuan.

Alibaba Group Holding Ltd's total value of goods transacted during its Singles» Day shopping festival was 91.2 billion yuan ($ 14.32 billion), the Chinese e-commerce giant said in Beijing on Thursday.

BEIJING, Sept 21 (Reuters)- Chinese search engine Baidu Inc announced a 10 billion yuan ($ 1.52 billion) autonomous driving fund on Thursday as part of a wider plan to speed up its technical development and compete with U.S. rivals.

So far this year, total retail sales rose to 26.3 trillion yuan, up 10.4 % on the same period in 2016.

Fu Wenyue, a 23 - year - old dresser in Shanghai, said she had already spent around 4,000 yuan ($ 600) on clothes, cosmetics and kitchen utensils in pre-event sales, transactions ahead of the day which officially only go through once midnight strikes.

After a star - studded event in Shanghai late on Friday counted down to the sale's midnight start, Alibaba said gross merchandise volume (GMV) topped 10 billion yuan in a little over three minutes, and had almost doubled, to 19.1 billion yuan, in under six minutes — beating the entire day's sales in 2012.

The plan is to launch an oil futures contract on the Shanghai International Energy Exchange (INE), but there are obstacles in convincing large oil producers and consumers in using the yuan and investing in the Shanghai benchmark.

China, for example, still imposes many restrictions on foreign capital, and its currency regime restricts companies from trading in the yuan.

Alibaba has purchased the remaining 57 % stake of China food delivery app Ele.me it doesn't already own, bringing the app's valuation up to $ 9.5 b. Tech companies such as Alibaba and Tencent, which has invested billions of dollars in Meituan - Dianping, are eager to cash in on China's growing online food delivery market, which is expected to grow 18 % to 241 billion yuan ($ 38 billion) this year.

SHANGHAI NICKEL: The most - traded nickel on the Shanghai Futures Exchange rose as much as 5.9 percent to 109,790 yuan ($ 17,514) a tonne, its strongest level since June, 2015, before closing at 108,120 yuan, up 4.2 percent.

Corporate debt in China exceeds 250 % of gross domestic product, and the government has put restrictions on international investment because the value of the yuan was falling so fast.

Lenovo has already started taking orders for the headset, which with a touch of irony runs on Google's Android operating system, and expects to start selling it for 8,000 Yuan (approx.

China's Tsinghua Unigroup Ltd plans to invest 300 billion yuan ($ 47 billion) over the next five years in a bid to become the world's third - biggest chipmaker, the chairman of the state - backed technology conglomerate said on Monday.

In another suit, he was ordered to repay 650,000 yuan ($ 98,000) that he borrowed on the strength of promised returns from EuroFX.

Nicolas Maduro said on Twitter that Venezuela's petro token raised more than 4.777 billion Chinese yuan, or $ 735 million.

Beijing has proposed greater oversight on wealth management products, estimated to be worth some 29 trillion yuan ($ 4.39 trillion) outstanding at the end of 2016, with 80 percent off the books.

Since late last year, Beijing has been cracking down on overseas investment as wads of cash flew out of the country, adding downward pressure to an already depreciating yuan.

China's total social financing (TSF), a broad measure of credit and liquidity in the economy, surged to 3.06 trillion yuan in January from 1.14 trillion yuan in December, additional data showed on Monday.

China's Xiaomi Technology Co Ltd, the world's third - largest smartphone maker, which also uses the Singles» Day festival to boost turnover, said on its official Weibo account its sales had so far surpassed 1.2 billion yuan, selling more than 853,000 phones.

MANILA, May 2 - London copper futures recovered from its weakest level in nearly a month on Wednesday as investors awaited comments from the U.S. SHANGHAI COPPER: The most - traded June copper contract on the Shanghai Futures Exchange slid 1.4 percent to 50,900 yuan a tonne, tracking losses in London in the prior session as Chinese markets reopened after a two - day...

Sales of luxury goods in China hit 142 billion yuan ($ 22.07 billion) last year, up around 20 percent from the year before, Bain & Co said in a report on Wednesday.

According to Bloomberg, the China Securities Regulatory Commission — China's stock market regulator — levied a $ 19.9 million yuan fine in September on Ye Fei, one of the country's most well - known hedge fund managers, after saying he manipulated five stocks earlier this year.

* SHFE COPPER: The most - traded June copper contract on the Shanghai Futures Exchange edged down 0.1 percent to 50,960 yuan ($ 8,007.42) a tonne by the mid-session interval.

Daning Jinmao Palace, a project in northern Shanghai by China Jinmao Holdings Group, held a similar lottery on Saturday for 751 registered buyers who were vying for 382 flats priced between 10 to 20 million yuan, according to local media.

He said the central bank's rate rise talk could restart the negative feedback loop that took place this year, when a strong dollar leaned on emerging markets currencies, including the Chinese yuan, and commodities prices, creating tight financial conditions and economic weakness.

The case also focused on undisclosed loans of 900 million yuan (about $ 137.67 million) by a mainland subsidiary to an unlisted mainland parent firm, Hanergy Holding.

The country's biggest e-commerce brand, Alibaba Group, said sales by the thousands of retailers on its platforms passed 91.2 billion yuan ($ 13.4 billion) in the first 15 hours of the event.

The yuan plunged to a five - year low in offshore trading on Wednesday.

So shared Wong's sentiment on apparent ineptitude among Chinese officials, suggesting that the PBoC's decision to fix the yuan lower against the dollar in recent days had given the impression the central would not defend the value of the currency for the time being.

A vendor picks up a 100 yuan note above a newspaper featuring a photo of US president - elect Donald Trump, at a newsstand in Beijing on November 10, 2016.

With trading abruptly suspended twice in four days amid shock yuan fixes, even the pros can't agree on whether Chinese authorities have lost control of markets or are pursuing a cunning strategy.

China's decision on Tuesday to devalue its currency, the yuan, by 1.9 % resulted in chaos.

Investors in China contributed up to 2.6 billion yuan, or $ 397 million, worth of cryptocurrencies through initial coin offerings in January - June, state - run media have said, citing data from the National Committee of Experts on Internet Financial Security Technology.

By 1233 GMT, it was down 18 percent on the exchange, at 20,510 yuan.

Daily combined turnover on the Shanghai and Shenzhen exchanges has more than halved to less than 700 billion yuan ($ US109.5 billion) in two months.

China's surprise decision to revalue the yuan as it tried to contain the stock market turmoil caused the currency to drop the most in 21 years last month, triggering exchange - rate declines elsewhere in the emerging world on concern that a weaker yuan will hurt countries exporting to China.

Those with a range greater than 400 kilometers (249 miles) on a single charge now come with a 50,000 yuan ($ 7,881) cashback incentive, up from 44,000 yuan ($ 6,937) last year, according to Bloomberg.