China’s currency, the renminbi, is undervalued. Everyday evidence abounds: residents of Hong Kong, whose currency is tightly pegged to the US dollar, flock across the border to Shenzhen for weekends ...

BEIJING, Nov. 28 (Xinhua) -- The central parity rate of the Chinese currency renminbi, or the yuan, weakened 10 pips to 7.0789 against the U.S. dollar Friday, according to the China Foreign Exchange ...

THE renminbi is hugely undervalued. This is an impediment to tackling China’s enormous current account surplus and the ...

Momentum is building for China to elevate the renminbi's global standing in the years ahead, with greater capital account convertibility, a more coherent financial opening framework and expanded ...

As China's share of regional trade has grown so too has the importance of its currency, the renminbi, in international transactions. Since 2002, China’s share in East Asia’s trade has leapt from 10 ...

Oxford University Press, 2016, 344 pp, $29.95 (hardcover). Such is the scope and range of Eswar Prasad’s new book Gaining Currency: The Rise of the Renminbi. In it, the author capitalizes on the ...

HONG KONG, October 6, 2010 - China's growth trajectory will, at the very least, require fundamental changes to the international monetary system and financial architecture, according to a panel of ...