Sources: AP
Prosecutors in China charge multiple funeral directors with selling more than 4,000 corpses to two major medical companies over several decades. Police seized 18 tonnes of bones and 34,000 semi-finished products, with the thieves having earned around 380 million yuan (US$53 million) before they were arrested. 2024-08-9
Indian oil refiners start payments for Russian oil imports in Chinese yuan as an alternative to the US dollar due to the sanctions against Russia. 2023-07-3
A Chinese court sentences Zhang Zhongsheng, the former Vice Mayor of Lüliang, Shanxi, to death. Zhongsheng was convicted of accepting bribes totaling 1.04 billion yuan (US$160 million). 2018-03-28
Reuters reports, on the basis of anonymous Chinese bankers, that the State Administration of Foreign Exchange is instructing them to keep quiet about any negative analysis of prospects for the yuan. 2017-01-11
The Central Bank of Russia announces it will start buying the Chinese yuan in an attempt to diversify its foreign-currency reserves away from the Euro and the U.S. dollar and to become less vulnerable to Western sanctions. 2016-07-5
Chinese state television reports Guo Youming, former deputy governor of Hubei province, is found guilty of taking bribes totaling more than 23.8 million yuan ($3.70 million). Guo is the latest to be convicted as a result of China's paramount leader Xi Jinping's anti-corruption campaign that started when Xi took Party general secretary office three years ago. 2015-12-9
The People's Bank of China devalues the Chinese yuan by two percent in an attempt to boost its economy, a move which could spark a currency war. 2015-08-11
Australian Prime Minister Julia Gillard, on a trip to Shanghai, China, announces that the Australian dollar is set to trade directly with the Chinese yuan, becoming the third currency to do so. 2013-04-8
Chinese artist Ai Weiwei pays 8.45 million yuan in taxes after receiving a large number of donations from supporters who believe the debt was politically motivated because of his criticism of the Chinese government. 2011-11-15
China's yuan reaches a record level against the United States dollar. 2011-05-9