The RMB is up 1.54% against the dollar year-to-date and 3.96% against the euro.
After one year of operation, the JV has already made 6 million RMB in net profits.
Beijing has said that it would gradually allow the renmimbi (RMB) to appreciate against the dollar.
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And third we want to create 10 billion RMB, 1 billion US dollars, for our partnerships.
The trading band limitation applies to intra-day movements of the RMB against the dollar.
So the dollar has contracted, the euro remained stable, and the RMB grew four fold.
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Overall, 9 currencies out of 42 outside East Asia comove significantly with the RMB.
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Many are worried about the future value of RMB-denominated investments and want to diversify their holdings now.
The RMB has been selling off lately as local Chinese see a grim forecast for the global economy.
The Board of Directors has recommended a cash dividend of RMB 2 (including tax) for every 10 shares.
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In 2012, through May 15, the RMB has been virtually flat against the dollar, actually depreciating by 0.36%.
Bank loans rose to 703.9 billion renmimbi (RMB) in August, higher than the consensus forecast of RMB 600 billion.
Most economists estimate that the RMB is devalued by 20 to 25 percent.
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Silicon Dragon has been hearing too about a new, large RMB fund from a significant Silicon Valley venture firm.
Based on HKFRS, ZTE recorded revenue of RMB 86.25 billion in 2011, an increase of 23.4% compared to 2010.
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Of that, RMB 4 billion came from ads on the site and the remaining RMB 1 billion from transactions.
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In addition, we welcome China's determination to increase the flexibility of the RMB.
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For Chile, India and South Africa, the RMB is the dominant reference currency.
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Most of the increase occurred before the 2008 Financial Crisis, but, starting last summer, the RMB has slowly dropped again.
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From 2005 to 2011, the Chinese government has allowed the renminbi (RMB) to increase in value by more than 25%.
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In 2011, TCL Corporation achieved global sales of RMB 60.834 billion, and reach the TCL LCD TV ranking 5th globally.
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And the magnitude of these comovements is greatest for the RMB in 7 cases compared with 3 for the dollar.
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At the end of June last year, consumer savings totaled a whopping 6 trillion RMB, or about 4, 800 RMB per person.
Then, in March last year, Konka set up Chongqing Konka with the Chongqing No. 3 Radio Factory, investing 27 million RMB.
It is desirable to proceed further with reform of the RMB exchange rate regime and increase the RMB exchange rate flexibility.
The largest B2C online shopping site, Taobao, has reached a record high gross merchandise volume (GMV) of 1, 000 billion RMB year-to-date.
China Unicom generated negative free cash flow of about RMB 30 billion, triple the negative RMB 10 billion it had in 2011.
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In 1995, Konka boldly plowed 18 million RMB into Shaanxi Konka Co.
In 2011, ZTE's terminal products sales continued to grow, with operating revenue of RMB 26.93 billion, up 52.6% from the previous year.
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According to the report, since mid-2010, the RMB has made dramatic strides as a reference currency compared with the dollar and euro.
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