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
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
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 International Monetary Fund modifies its benchmark currency basket to include the yuan of the People's Republic of China. The basket also includes the U.S. dollar, the euro, the pound sterling, and the Japanese yen. 2015-11-30
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
The Japanese yen and the Chinese yuan begin direct trading.[http:--www.yomiuri.co.jp-dy-business-T120601005554.htm (Yomiuri)]date=August 2019 2012-06-1
The Chinese yuan reaches a record level against the US dollar. 2011-03-23
The United States dollar reaches a 15-year low against the Japanese yen and depreciates against a range of other currencies due to concerns about further quantitative easing by the United States Federal Reserve. 2010-10-7
An appreciation of the Chinese yuan will help US economic growth but it will not solve problems in its own economy, the International Monetary Fund (IMF) chief economist said Monday. [http:--www.chinadaily.com.cn-bizchina-2,,010-02-17-content_9472062.htm (China Daily)]date=August 2019 2010-02-15