Displaying items by tag: Yuan

Chinese telecommunications equipment vendor Huawei Technologies has seen its revenue for the first quarter of 2021 fall by 16.5% year-on-year to 152.2 billion yuan (A$30.5 billion), which the company said was as per its forecast.

Bitcoin is now becoming a “safe haven asset” and predicted to hit $15,000 in the wake of the devaluation of China’s currency, with the cryptocurrency jumping 10 percent as global stocks reacted to the devaluation of the yuan and the China-US trade war intensified, according to the chief of one financial analyst firm.

Published in Market
Tuesday, 04 September 2018 07:07

Alipay use by Chinese tourists shows sharp rise

The use of the Alipay payment platform by Chinese tourists showed a sharp rise during the two months of summer holidays, the company claims.

Published in Mobility

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