and a senior fellow at the Asia Society Policy Institute’s Center for China Analysis. There are many reasons to lie awake worrying about the Chinese economy. A big devaluation of the yuan is not one ...
China is about to turn its central bank digital currency from a quiet pilot into a fully fledged piece of the financial ...
BANGKOK — China has been expanding use of digital currencies as it promotes wider use of its yuan, or renminbi, to reflect its status as the world’s second-largest economy and challenge the ...
The rise of China as an economic powerhouse in global trade in recent decades has sparked concerns about the long-term status of the U.S. dollar as the world’s primary reserve currency, which it has ...
China is about to start paying interest on its official digital currency in a fresh push to get more people to use it after ...
The head of China’s central bank has sworn to expand the international use of the digital yuan. He also called for the development of a multi-polar global currency system, in which more than one ...
(Reuters) -China is considering allowing the usage of yuan-backed stablecoins for the first time to boost wider adoption of its currency globally, sources familiar with the matter said, in a major ...
Trading has surged to a nine-year high in China’s onshore swaps market, an increasingly popular one-stop-currency-shop for everyone from foreign to local to state banks and corporates, all happy to ...
China has just completed its first trade of liquefied natural gas (LNG) settled in yuan, the Shanghai Petroleum and Natural Gas Exchange said on Tuesday. Chinese state oil and gas giant CNOOC and ...
Sen. Charles E. Schumer, D-N.Y., and two Republican colleagues leave for a six-day trip to China later this week to discuss currency issues with Chinese leaders, and inspect port security measures, ...
BANGKOK — China has been expanding use of digital currencies as it promotes wider use of its yuan, or renminbi, to reflect its status as the world's second-largest economy and challenge the ...