China’s renminbi is lagging the currencies of key trading partners, making Chinese goods and services cheap and helping to ...
In well-connected circles within China, the yuan’s persistent weakness is increasingly being seen as an obstacle to the ...
Caught between Beijing and the Trump administration, the International Monetary Fund offered mild criticism of China for ...
Issuance of offshore yuan bonds rose to another record, a fresh sign of Beijing’s progress on internationalizing its currency ...
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 ...
and a senior fellow at the Asia Society Policy Institute’s Center for China Analysis. There are many reasons to lie awake worrying about the Chinese economy. A big devaluation of the yuan is not one ...
China is considering allowing the usage of yuan-backed stablecoins for the first time to boost wider adoption of its currency globally, sources familiar with the matter said, in a major reversal of ...
China has just completed its first trade of liquefied natural gas (LNG) settled in yuan, the Shanghai Petroleum and Natural Gas Exchange said on Tuesday. Chinese state oil and gas giant CNOOC and ...
5don MSNOpinion
More countries landing in Chinese currency trap: Report
Meanwhile, in January 2025, Bank Indonesia and the People’s Bank of China renewed their bilateral currency swap arrangement ...
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 ...
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