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Chinese banks report forex settlement surplus in Q1

China's commercial banks reported a net forex settlement surplus of 273 billion yuan (about 39.1 billion U.S. dollars) in the first quarter, the country's forex regulat

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Chinese trade figures prove yuan's safe-haven status amid epidemic

Editor's Note: Jimmy Zhu is a chief strategist at Singapore-based Fullerton Research. The article reflects the author's opinion, and not necessarily the views of CGTN.C