The yuan has shrugged off a trade war, slow growth, rock-bottom interest rates and a slump in foreign investment, to head for ...
As we accelerate into an all-electric, all-digital age, the ultimate representation of productive capacity becomes the ...
Beijing is using its market power in iron ore to pressure BHP as it moves to expand yuan-based trade and reduce reliance on ...
The digital currency would operate outside Swift but still have access to American banks.
China had been the world's biggest crypto mining country until Beijing banned all cryptocurrency trading and mining in 2021, ...
Since the last survey in 2022, this year's Bank for International Settlements figures show a near 60% increase in the daily turnover in the dollar yuan pair to $781 billion, which is a little over 8% ...
Now Chinese underground organisations are taking over one of the world’s biggest illicit industries—the international ...
Various industry analysts estimate that the acquisitions made by the Asian giant are far greater than those officially ...
China and the United Arab Emirates have jointly completed their first-ever cross-border payment using central bank digital ...
CryptoQuant estimated that 15%-20% of global bitcoin mining capacity currently operates in China. After having seen its global bitcoin mining market share slump to zero as a result of the ban, China ...
The interlinking between the UAE’s Instant Payment System and China’s Internet Banking Payment System enables users in both ...