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Chinese Retail Expanded in July, While Industrial Growth Slowed

Beijing, August 15 (TASR) – China's retail sales rebounded in July, while industrial production experienced a slowdown in growth. Data released by China's National...

Russian Banks Struggle to Obtain Yuan Amid Tighter Sanctions

Moscow, August 13 – Stricter U.S. sanctions have limited the flow of Chinese yuan into Russia, forcing Russian banks to borrow the currency from...

Yuan faces hurdles in Russia as growth slows

Ny, July 14, 2024 - The rapid integration of the Chinese yuan into the Russian economy, which accelerated following the outbreak of the war...

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