Foreigners held US$606 billion worth of Chinese bonds in May, or about 3 per cent of the local-currency debt market.

New Delhi’s core demand: build alternatives that are interoperable and don’t just replace the US dollar with another hegemon ...

On the brighter side, retail sales rebounded strongly, hitting a 15-month high of 6.4% YoY. In particular, we’re seeing the positive impact of China’s trade-in policies play out, as evidenced by the ...