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Search resuls for: "China’s renminbi"


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That's far less than in the previous years — the share of U.S. dollars in total VC funds raised was around 15% for the years 2018 to 2021, the data showed. China investments, China exitsWashington and Beijing in 2022 resolved a long-standing audit dispute that reduced the risk of Chinese companies having to delist from U.S. stock exchanges. "With U.S. IPOs no longer being a viable exit strategy for China assets, investors should target local exits in their respective capital markets—in other words, China exits for China assets, and U.S. exits for overseas assets," Liao said. The 20 largest VC deals for China-headquartered companies in 2013 were predominantly in e-commerce and software services, according to PitchBook data. ... the venture capital scene has become even more state-concentrated and focused on government priorities.
Persons: China’s renminbi, Athit Perawongmetha, Kyle Stanford, China —, Liao Ming, Stocks, Liao, Didi, Beijing's, Camille Boullenois Organizations: Reuters, Reuters BEIJING — Venture, Liao Ming, U.S, Sequoia, Prospect, Capital, New York Stock Exchange Locations: U.S, Bangkok, Thailand, Reuters BEIJING, China, Sequoia, Washington, India, Japan, Greater China, Beijing, New York, Hong Kong, U.S . Washington
China forex reserves fall to $3.115 trln in September
  + stars: | 2023-10-07 | by ( ) www.reuters.com   time to read: +1 min
REUTERS/Athit Perawongmetha/File Photo Acquire Licensing RightsSHANGHAI, Oct 7 (Reuters) - China's foreign exchange reserves fell more than expected in September, official data showed on Saturday, as the U.S. dollar rose against other major currencies. China's reserves - the world's largest - fell $45 billion to $3.115 trillion last month, compared with $3.13 trillion tipped by analysts in a Reuters poll, from $3.16 trillion in August. The yuan fell 0.5% against the dollar in September, while the dollar rose 0.2% against a basket of other major currencies over the month . The value of China's gold reserves fell to $131.79 billion at the end of September from $135.22 billion at the end of August. Reporting by Albee Zhang and Zhang Yan and Kevin Yao; editing by Robert BirselOur Standards: The Thomson Reuters Trust Principles.
Persons: China’s renminbi, Athit, Albee Zhang, Zhang Yan, Kevin Yao, Robert Birsel Organizations: REUTERS, Rights, U.S, Thomson Locations: U.S, Bangkok, Thailand, China
A bank employee count China’s renminbi (RMB) or yuan notes next to U.S. dollar notes at a Kasikornbank in Bangkok, Thailand, January 26, 2023. BEIJING — U.S. investments in around 50 blacklisted Chinese companies have drawn the attention of the U.S. House of Representatives Select Committee on the Chinese Communist Party. The committee on Tuesday announced it sent separate letters to MSCI and BlackRock asking for more information about the firms' facilitation of U.S. investments into those Chinese companies. The Chinese companies were blacklisted over claims of supporting China's military or alleged human rights abuses, the committee said. MSCI said in a statement it is reviewing the request for information, and that it doesn't "facilitate" investments in any country.
Persons: China’s renminbi, MSCI Organizations: U.S . House, Chinese Communist Party, BlackRock, U.S . Department, CNBC Locations: U.S, Bangkok, Thailand, BEIJING — U.S
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