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% ...
The yuan has shrugged off a trade war, slow growth, rock-bottom interest rates and a slump in foreign investment, to head for ...
Boris Titov added that the Russian-Chinese Committee for Friendship, Peace, and Development will inform entrepreneurs about how to use the digital yuan to facilitate cross-border payments ...
As Chinese fashion labels shift from scale-driven growth to a focus on product excellence and brand building, a wave of new ...
Global Finance Presents 2025 Stars of China Winners. Guangdong Province is ground zero for manufacturers of smartphones, ...
The court said Li accepted bribes worth 105 million yuan from 2010 to 2023. Last year, a court in China's Shandong province gave former Bank of China chairman Liu Liange a suspended death sentence for ...
An affordable Bronco EV? Not for those in the US. Ford opened orders for the electric Bronco in China, starting at under ...
The digital currency would operate outside Swift but still have access to American banks.
OANDA reports that Western sanctions on Russia have failed to collapse its economy, leading to de-dollarization and advanced ...
Baidu stock price has come under pressure in the past few weeks, moving from the year-to-date high of $150 in October to the ...
Trkiye's first renminbi (RMB) clearing bank -- operated by the Turkish branch of the Industrial and Commercial Bank of China, ...
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