China now settles nearly a third of its $6.2 trillion trade in yuan instead of dollars — up from 20% in 2022. But economic ...
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US considers global dollar strategy to curb China’s currency reach
The US is considering promoting global dollar adoption to counter China’s growing influence in the currency market.
The Chinese economy has shown resilience despite external headwinds as the Trump administration ramps up its trade war, but ...
China’s central bank appears to be taking a more assertive stance in its push to expand the yuan’s role in the global ...
China is leveraging its position as the world’s largest creditor to help broaden usage of the yuan, offering overseas ...
China and South Korea signed a bilateral currency swap and other economic cooperation agreements on Saturday, as their ...
BEIJING -- The People's Bank of China, the country's central bank, has renewed a bilateral currency swap agreement with the ...
Beijing’s policymakers are recasting digital money as a tool of national power. A recent study in Study Times describes ...
In Kenya and Ethiopia, China is using debt distress as a strategic opening to expand the RMB’s international use.
President Lee Jae Myung (2nd from R) and Chinese President Xi Jinping (2nd from L) attend a signing ceremony for a currency ...
The local currency transactions made between Indonesia and Japan also reached $5 billion, Bank Indonesia says.
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