Xi Jinping has called for the renminbi to become a global reserve currency, in some of his clearest comments on his ambitions ...
Xi Jinping says the goal of becoming an international powerhouse is a long-term one and will rest on core foundations.
Decision to repay loans and import costs directly to China in Chinese currency is practical rather than political, experts say.
A stronger currency may be coming but policymakers in Beijing face two dilemmas that will limit their appetite for exchange rate appreciation.
China’s strongest yuan fixing in years signals greater tolerance for currency appreciation, raising questions over export ...
Uses of yuan borrowing broaden to include working capital and capex, supported by Hong Kong's liquidity boost, bankers say China's yuan is gaining traction as a go-to fundraising currency for ...
Washington says it could still designate Beijing in future if evidence found that it limits currency's strength The United ...
The People’s Bank of China set the strongest reference rate for the currency in almost three years.
By Marc Jones LONDON, Jan 16 (Reuters) - Transactions on a new China-led digital currency platform have surged to over $55 billion, a new report shows, the latest sign that efforts to build ...
The latest de-dollarization movement started in 2022 when the U.S. imposed all-encompassing sanctions against Russia ...
China is lending less to Africa than it collects in repayments, redefining its relationship with the continent toward trade, ...
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