High-level openness, however, must proceed in step with deep structural reforms. The six supporting reforms set out in the ...

The International Monetary Fund has warned of currency risks arising for nations such as Kenya and Ethiopia that are swapping ...

Any geopolitical shocks following the interim U.S.-China truce are likely to make the yuan more vulnerable, said Mizuho Securities.

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

Beijing is using its market power in iron ore to pressure BHP as it moves to expand yuan-based trade and reduce reliance on ...

BEIJING, Nov. 24 (Xinhua) -- The central parity rate of the Chinese currency renminbi, or the yuan, strengthened 28 pips to 7.0847 against the U.S. dollar Monday, according to the China Foreign ...

The International Monetary Fund (IMF) just issued a warning to countries converting their dollar loans from China into yuan.

China’s central bank vowed to further encourage financing in the yuan by overseas entities, betting cheap borrowing costs and increased demand for the currency offshore will be crucial drivers for its ...

The yuan fell bellow the critical 7-per-dollar threshold on Wednesday amid weak economic data. That's the first time this year that China's currency undercut that key psychological level. The yuan has ...

Increasing yuan-borrowing overseas can be coordinated with the trend of Chinese firms expanding industrial supply chains ...