Xi signals push for yuan reserve status as Beijing eyes bigger role in global finance

Xi Jinping pushes renminbi as a global trade and reserve currency; learn what reforms, market shifts and risks mean for investors and central ...

China lets yuan rise to strongest level in years as de-dollarisation trend grows

China's central bank sets the yuan's midpoint rate at its strongest level since mid-2023, as jitters over the US dollar buoy ...

Xi Jinping calls for China’s renminbi to attain global reserve currency status

Xi Jinping has called for the renminbi to become a global reserve currency, in some of his clearest comments on his ambitions for China’s currency as Beijing seeks to play a greater role in the ...

China Highlights Xi’s Old Speech on Risks, Powerful Currency

What constitutes a strong financial nation?” according to Xi’s remarks published Saturday by the Qiushi magazine, based on ...

Why China Buys U.S. Debt With Treasury Bonds

China is one of the largest holders of U.S. debt. Discover how much it holds, why it buys U.S. Treasury bonds, and what those investments mean for the U.S. economy.