The yuan has shrugged off a trade war, slow growth, rock-bottom interest rates and a slump in foreign investment, to head for ...
The yuan has shrugged off a trade war, slow growth, rock-bottom interest rates and a slump in foreign investment, to head for ...
Beijing is using its market power in iron ore to pressure BHP as it moves to expand yuan-based trade and reduce reliance on ...
Increasing yuan-borrowing overseas can be coordinated with the trend of Chinese firms expanding industrial supply chains ...
THE renminbi is hugely undervalued. This is an impediment to tackling China’s enormous current account surplus and the ...
China pushes yuan globalisation with cheaper borrowing, wider offshore access, and expanded panda bond markets.
The International Monetary Fund has warned of currency risks arising for nations such as Kenya and Ethiopia that are swapping ...
Based on Thursday’s fixing, the yuan’s value against a basket of currencies, as measured by the yuan CFETS index, rose to a ...
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.
Beijing’s new five-year plan signals bolder ambitions for the renminbi, which makes up 8.5% of global currency trades.
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