In well-connected circles within China, the yuan’s persistent weakness is increasingly being seen as an obstacle to the ...
China’s renminbi is lagging the currencies of key trading partners, making Chinese goods and services cheap and helping to ...
Caught between Beijing and the Trump administration, the International Monetary Fund offered mild criticism of China for ...
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 ...
1don MSNOpinion
More Countries Landing In Chinese Currency Trap: Report
The article points out that by mid-2025, analysts noted that about 68 per cent of Kenya’s external debt remained denominated ...
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 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 ...
(Bloomberg) -- China’s yuan has replaced the US dollar as the most traded currency in Russia, a year after the invasion of Ukraine led to a slew of Western sanctions against Moscow. The yuan surpassed ...
Trading has surged to a nine-year high in China’s onshore swaps market, an increasingly popular one-stop-currency-shop for everyone from foreign to local to state banks and corporates, all happy to ...
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