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.

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 Bank of Korea, the central bank of the Republic of Korea. The value of the ...

The People's Bank of China (PBC), the central bank, announced on Monday that it recently renewed its bilateral local currency swap agreement with the Bank of Korea for another five years, a move that ...

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

China and South Korea signed a bilateral currency swap and other economic cooperation agreements on Saturday, as their ...

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.

A Beijing court has sentenced five individuals to prison terms ranging from two to four years for operating an illegal ...

China will support the inclusion of a renminbi counter under a stock connect scheme that would for the first time allow mainland investors to trade Hong Kong-listed stocks in yuan, the latest policy ...

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 ...