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Tag Archives: Yuan

Rupee Slump to Push India to Seek Yuan Trade Settlement

© Reuters. Rupee Slump to Push India to Seek Yuan Trade Settlement (Bloomberg) — India is considering allowing some imports from China to be settled in yuan, people familiar with the proposal said, as the South Asian nation moves to limit its currency’s loss against the dollar. The plan would enable direct convertibility between the rupee and yuan and will ...

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Yanlord Land paying 450m yuan for 30% stake in Suzhou residential project

Wed, Oct 24, 2018 – 7:59 PM MAINBOARD-LISTED developer Yanlord Land Group has invested in a private home project in China through a wholly-owned subsidiary, it said on Wednesday. Its Nanjing Renyuan Investment unit paid 450 million yuan (S$ 89.4 million) for a 30 per cent stake in the project company behind a residential project in the eastern city of Suzhou. The site has a ...

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