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    PBOC expected to set yuan reference rate at 6.7085▼PBOC is expected to set the USD/CNY reference rate at 6.7085 – Reuters estimate✉newsBusinessBanking9 h ago

    China's central bank is expected to fix the USD/CNY daily reference rate at 6.7085, according to a Reuters estimate. The PBOC sets the yuan's midpoint each trading day, and traders watch the fix closely for signals on official policy toward the currency and the wider economy. The expected level is being picked up by forex market observers ahead of the announcement.

  2. 2
    PBOC strengthens yuan fixing to 6.7399 against dollar▼PBOC sets USD/CNY reference rate at 6.7399 vs. 6.7489 previous✉newsBusinessBanking12 h ago

    China's central bank set the yuan's daily reference rate at 6.7399 to the US dollar, a firmer fixing than the previous day's 6.7489. The daily fix from the People's Bank of China guides onshore trading and is closely watched by currency traders for signals on official policy toward the yuan.

  3. 3
    Huilü Ecology to invest 309 million yuan in optical modules●China's Huilü Ecology to invest 309 million yuan in optical modules; Huadong Medicine's weight-loss drug clears Phase III✉newsHealthMedicine1 d ago

    Chinese firm Huilü Ecology says it will invest 309 million yuan in optical modules, a move into the communications hardware sector. Separately, Huadong Medicine announced that its weight-loss drug has cleared Phase III clinical trials, bringing it a step closer to regulatory approval in China's fast-growing obesity treatment market.

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    Life-size replica of Yuan dynasty Buddha of Medicine mural goes on show▼A life-size replica of the Yuan dynasty Buddha of Medicine mural is exhibited at the National Arts and Crafts Museum✉newsHealthMedicine1 d ago

    A life-size replica of the Yuan dynasty Buddha of Medicine mural is now on display at the National Arts and Crafts Museum in Beijing. The original mural, a celebrated example of Yuan dynasty Buddhist art, depicts the Medicine Buddha surrounded by attendant figures. The exhibition gives visitors the chance to see the work at full scale, drawing attention to the preservation and study of ancient Chinese religious murals.