The US is considering promoting global dollar adoption to counter China’s growing influence in the currency market.
China is leveraging its position as the world’s largest creditor to help broaden usage of the yuan, offering overseas ...
The Chinese economy has shown resilience despite external headwinds as the Trump administration ramps up its trade war, but ...
With $14 billion in investment projects and rising exports, China has consolidated its position as a key trading partner for ...
China is converting dollar debts owed by developing nations into yuan loans to expand global use of its currency.
South Korea and China signed seven Memorandums of Understanding (MoUs) on Saturday, Yonhap News Agency reported, citing the ...
The East African nation and fellow Brics member is the latest country to seek a switch, accelerating the yuan’s ...
In Washington, China hawks say its economy is too weak to withstand a tariff shock. In the city of Yiwu, factories are ...
China's central bank has adopted a more proactive tone when describing its efforts to promote the global use of the yuan - a rhetorical change that could signal increased efforts to internationalise ...
A Beijing court has sentenced five individuals to prison terms ranging from two to four years for operating an illegal ...
Beijing’s policymakers are recasting digital money as a tool of national power. A recent study in Study Times describes ...
Strategists says a deal between Washington and Beijing, along with a US rate cut and a hot inflation report at home could set ...