The US is considering promoting global dollar adoption to counter China’s growing influence in the currency market.

China’s central bank appears to be taking a more assertive stance in its push to expand the yuan’s role in the global ...

President Lee Jae Myung (2nd from R) and Chinese President Xi Jinping (2nd from L) attend a signing ceremony for a currency ...

The Chinese economy has shown resilience despite external headwinds as the Trump administration ramps up its trade war, but ...

The Bank of Korea announced on the 3rd that it has renewed a won-yuan currency swap agreement with the People’s Bank of China ...

China is leveraging its position as the world’s largest creditor to help broaden usage of the yuan, offering overseas ...

The East African nation and fellow Brics member is the latest country to seek a switch, accelerating the yuan’s ...

Beijing’s policymakers are recasting digital money as a tool of national power. A recent study in Study Times describes ...

South Korea and China signed seven Memorandums of Understanding (MoUs) on Saturday, Yonhap News Agency reported, citing the ...