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 ...

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

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 ...

Pressure from BRIC countries for a new international reserve currency to replace the dollar is growing. China, the world’s leading trading nation, would like to reap some of the benefits and prestige ...

The enhanced standing of the renminbi as a key global reserve asset will further boost the Chinese currency's accelerated march toward playing a more central role in the international financial ...

In the long run, a fully convertible renminbi will make things easier for global companies doing business in China. Shorter term, treasurers face hard choices. Although officials in China remain ...

Just over a year ago, the Hong Kong Monetary Authority granted permission for quantities of Chinese renminbi to be transferred between accounts in Hong Kong for any purpose for the first time. This ...

Earlier this year, NYU professor Nouriel Roubini attracted worldwide attention by speculating in a New York Times op-ed that the Chinese Yuan, or Renminbi (RMB), might someday supplant the U.S. dollar ...

The U.S. dollar will remain the world's leading reserve currency over the next 25 years, with the euro and renminbi expected to further increase their share of total central bank reserves, according ...

Donald Trump may very well have a field day with today’s currency news, as analysts predict. But he shouldn’t. China’s central bank devalued the country’s currency, the renminbi, by about 2% against ...