The yuan has shrugged off a trade war, slow growth, rock-bottom interest rates and a slump in foreign investment, to head for ...
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.
High-level openness, however, must proceed in step with deep structural reforms. The six supporting reforms set out in the ...
China pushes yuan globalisation with cheaper borrowing, wider offshore access, and expanded panda bond markets.
The International Monetary Fund (IMF) just issued a warning to countries converting their dollar loans from China into yuan.
Increasing yuan-borrowing overseas can be coordinated with the trend of Chinese firms expanding industrial supply chains ...
Beijing is using its market power in iron ore to pressure BHP as it moves to expand yuan-based trade and reduce reliance on ...
Central banks are increasingly keen to hold China's yuan as a reserve currency, according to a new survey. Some 85% of central bank reserve managers said they already hold or are interested in owning ...
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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 ...
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