China is seizing an opportunity to challenge American dominance in global finance and exert greater international influence at the expense of the all-powerful US dollar.
Alibaba's recent quarter showed strong revenue and operating income growth, driven by international commerce and cloud segments, despite currency headwinds and macroeconomic challenges. Management's ...
China’s demand for gold as the global trade system undergoes fundamental changes hearkens back to a much earlier era, when Chinese demand for silver ushered in the world’s first period of economic ...
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Is China’s currency coming for the US dollar?
On Saturday, Chinese President Xi Jinping made it public: he wants the renminbi, China’s currency, to replace the dollar as the global reserve currency. But is this even possible?
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