THE renminbi is hugely undervalued. This is an impediment to tackling China’s enormous current account surplus and the ...

President Prabowo Subianto’s government is expanding the use of renminbi as it strengthens ties with China. In October, ...

Markets have noticed the more assertive language regarding the internationalisation of renminbi. Speaking at the fourth plenum of the Communist Party of China, Pan Gongsheng, governor of the People’s ...

Last October, the International Monetary Fund officially added China’s currency, the renminbi, to the basket that makes up its Special Drawing Rights, the reserve asset in which the IMF denominates ...

China's renminbi is expected to continue its steady rise in global use and play a bigger part in safeguarding international financial stability, as the country further advances its financial ...

Hong Kong’s first renminbi-denominated IPO has raised an impressive Rmb10.48bn ($1.6bn) – but demand from investors has been unexpectedly lackluster, as the FT reports today. People involved in the ...

BEIJING (Reuters) -Chinese search engine company Baidu beat market expectations for third-quarter revenue on Tuesday, helped ...

On the last day of November, at the conclusion of its five-yearly review of the composition of the Special Drawing Rights (SDR), the IMF elevated the renminbi to its SDR basket. The RMB is now one of ...

Currency is the cornerstone of a country's financial system. The internationalization of a currency indicates the country's international status, its comprehensive strength and its capability to ...

Longtime readers know how much I respect and rely on the Gavekal group for thought-provoking research. They have a truly unique organization, one in which even junior analysts can question ...

BEIJING — Each journey of a thousand miles begins with a single step. Yet for the trek to turn the renminbi into a global currency, China is only just lacing up its boots. According to this skeptical ...