China now settles nearly a third of its $6.2 trillion trade in yuan instead of dollars— up from 20% in 2022. Alarmed by the ...
The US is considering promoting global dollar adoption to counter China’s growing influence in the currency market.
Beijing’s policymakers are recasting digital money as a tool of national power. A recent study in Study Times describes ...
The Chinese economy has shown resilience despite external headwinds as the Trump administration ramps up its trade war, but ...
China’s global renminbi lending surged 35% to a record RMB3.4 trillion as Beijing accelerates its de-dollarization push.
BEIJING -- The People's Bank of China, the country's central bank, has renewed a bilateral currency swap agreement with the ...
The East African nation and fellow Brics member is the latest country to seek a switch, accelerating the yuan’s ...
In Kenya and Ethiopia, China is using debt distress as a strategic opening to expand the RMB’s international use.
China and South Korea signed a bilateral currency swap and other economic cooperation agreements on Saturday, as their ...
Beijing seeks to strengthen regional financial ties and boost yuan use as US trade pressures weigh on East Asian economies ...
Ray Dalio, the founder of Bridgewater Associates and a long-time observer of China, says there's a formula for President Donald Trump to be successful in a trade negotiation with China. "There are ...
A Beijing court has sentenced five individuals to prison terms ranging from two to four years for operating an illegal ...