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 ...
Here are a few key areas to watch: 1. Hidden risk in U.S. economic data. U.S. inflation data are scheduled to be reported on ...
Beijing has informally asked some money managers in China to prioritise the launch of equity funds over other products, four ...
The Chinese economy has shown resilience despite external headwinds as the Trump administration ramps up its trade war, but ...
In Kenya and Ethiopia, China is using debt distress as a strategic opening to expand the RMB’s international use.
China proposed a set of global rules for central bank digital currencies on Thursday, from how they can be used around the ...
A botched spying case prompted accusations that the British government was soft on China, highlighting tensions between ...
BEIJING - China's central bank announced Monday that it will cut the reserve requirement ratio for foreign currency deposits ...
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 ...
Agriculture Secretary Brooke Rollins burst into the White House last week explaining that her team had found a legal way to ...