BEIJING (Reuters) - Threatened by a "financial tsunami," the world must consider building a financial order no longer dependent on the United States, a leading Chinese state newspaper said on ...

India’s Security Press in Nashik was printing Nepal’s currency for decades. However, since 2015, Kathmandu has been awarding ...

Some participants of China’s CBDC pilot program are reportedly hesitant to hold onto the digital yuan, citing a range of concerns with using the state-backed digital currency. China’s digital 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 ...

Blog posts represent the views of CFR fellows and staff and not those of CFR, which takes no institutional positions. There is little doubt that China rather actively managed its currency in 2023. For ...

With the outbreak of the war in Ukraine in 2022, Russia, China and their trading partners began establishing alternative monetary and financial arrangements. A leading intellectual on these matters at ...

China isn't manipulating the yuan to gain a trade advantage, and fears that the nation is waging a currency war are exaggerated, the state-run Xinhua News Agency said Wednesday. "China has not ...

China pushes yuan globalisation with cheaper borrowing, wider offshore access, and expanded panda bond markets.

Chinese officials told state-run banks to intervene in currency markets this week to limit yuan volatility, per Bloomberg. Banks are swapping dollars for yuan, while officials are also weighing tools ...