Decision to repay loans and import costs directly to China in Chinese currency is practical rather than political, experts ...

Xi Jinping says the goal of becoming an international powerhouse is a long-term one and will rest on core foundations.

Xi Jinping pushes renminbi as a global trade and reserve currency; learn what reforms, market shifts and risks mean for ...

Over 60% of foreign bank reserves are denominated in dollars. China's digital RMB could challenge the world's currency ...

A stronger currency may be coming but policymakers in Beijing face two dilemmas that will limit their appetite for exchange rate appreciation.

The last few years have exposed some of the fractures in a world currency system dominated by the U.S. dollar. China's ...

China’s strongest yuan fixing in years signals greater tolerance for currency appreciation, raising questions over export ...

The latest de-dollarization movement started in 2022 when the U.S. imposed all-encompassing sanctions against Russia ...

The People’s Bank of China set the strongest reference rate for the currency in almost three years.

In a recent speech, Chinese President Xi Jinping emphasized the need to develop a "strong currency" and promote the yuan as a global reserve currency amidst increasing economic uncertainty and ...

China is lending less to Africa than it collects in repayments, redefining its relationship with the continent toward trade, ...

Hong Kong will double the supply of yuan available for banks to borrow in the latest step to meet growing demand and help ...