As cross-border Chinese currency payments rise, we find evidence that a key U.S. financial sanctions tool may be weakening.
What changes when China’s leader finally states a reserve currency ambition explicitly? Xi Jinping has now done so, calling ...
Yuan financing has never been as popular as it is now, with more countries and foreign companies tapping the market, in a ...
Learn how China's yuan peg stabilizes its currency, enhances export competitiveness, and fuels economic growth by managing exchange rates against a basket of currencies.
Beijing is using economic clout to reshape its global financial influence – a strategy analysts say could play out over decades.
A revived speech and a shifting global backdrop. Beijing is signalling new urgency in its push to elevate the yuan - but the ...
The plot surrounding China’s currency thickened this week as the nation’s central bank loosened its grip on the yuan. The People’s Bank of China allowed the exchange rate to weaken to levels not seen ...
BANGKOK — China has been expanding use of digital currencies as it promotes wider use of its yuan, or renminbi, to reflect its status as the world's second-largest economy and challenge the ...
China’s central bank has moved to slow the renminbi’s advance as its rapid appreciation tests Beijing’s tolerance for a stronger currency that could threaten its export-oriented economy.
The turmoil in China’s currency and assets has caused ructions in markets all over the world, from stocks to other currencies. But a little-observed consequence may be a change in the issuance and ...
BANGKOK — China has been expanding use of digital currencies as it promotes wider use of its yuan, or renminbi, to reflect its status as the world’s second-largest economy and challenge the ...