One Yuan Now Buys Just One Hong Kong Dollar — in 7-Eleven

Yuan is a way off parity on foreign exchange markets In a sign of how far confidence in China’s currency has fallen, 7-Eleven stores in Hong Kong are valuing the Chinese currency at par with the city’s dollar. Just three years ago, one yuan fetched 1 ... ( read original story ...)

China's Xi says supports efforts to curb Hong Kong independence

Meeting in Beijing's Zhongnanhai leadership compound, Xi told Hong Kong Chief Executive Leung Chun-ying that the central government fully affirms Leung's work, state news agency Xinhua said. "The central government staunchly supports the government of the ... ( read original story ...)