China confident of keeping yuan stable
China's central bank on Monday reiterated that it is confident in its capability of keeping the yuan's exchange rate basically stable after both the onshore and offshore yuan broke seven against the U.S. dollar.
Macro
IMF reiterates China's exchange rate broadly in line with fundamentals
China's real effective exchange rate in 2018 is estimated to be at the same level as warranted by fundamentals and desirable policies, the IMF reiterated on Friday in a newly released report.
In-depth
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China mild inflation provides leeway for economic restructuring
China's consumer prices stayed elevated in July, fueled by higher fruit and pork prices, while factory price inflation dropped year on year, showing that overall inflationary pressures remain under control.
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China's foreign trade expands steadily amid mounting challenges
China's foreign trade maintained steady expansion in the first seven months of this year amid mounting domestic and external challenges.
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Companies
Huawei launches own operating system applicable to mobile phones
Huawei launched its open-source operating system, HarmonyOS, on Friday as a potential alternative to Android should the Google's operating system be banned from Huawei mobile phones.
Alibaba to empower women in rural areas with AI-related jobs
Alibaba has launched an initiative to bring jobs related to artificial intelligence (AI) to people, women in particular, in underdeveloped areas in China.
Xiaomi, Samsung to unveil smartphones with ultra-high resolution camera
Chinese tech firm Xiaomi announced Wednesday that it will roll out smartphones featuring 64-megapixels (MP) camera technology via a partnership with Samsung Electronics.
