search
China Daily
Trends
- 1PBOC tightens yuan fix with stronger USD/CNY rate▼PBOC Tightens Yuan Fix as Central Bank Sets USD/CNY Rate
The People's Bank of China has set a firmer daily yuan fixing against the US dollar, a move traders read as the central bank tightening its grip on the currency. The stronger-than-signalled reference rate signals Beijing's intent to steady the yuan and curb sharp depreciation pressure at a time when markets are closely watching capital flows and China's economic outlook.
- 2
Commentary from China Daily argues that international cooperation is essential for accelerating the global transition to clean energy. The piece stresses that no country can manage the energy shift alone, and that coordinated policy, technology sharing and investment are needed to meet climate goals.
- 3Wildlife returns to restored Yani National Wetland Park in Xizang●Yani National Wetland Park restoration brings back wildlife in Xizang
Restoration work at Yani National Wetland Park in Xizang has brought wildlife back to the area, according to a report by China Daily. The project is part of broader efforts to protect wetland habitats on the Tibetan plateau, and the return of animal species is being presented as evidence the ecological recovery is working.