What changes when China’s leader finally states a reserve currency ambition explicitly? Xi Jinping has now done so, calling ...
Yuan financing has never been as popular as it is now, with more countries and foreign companies tapping the market, in a ...
BEIJING, March 13 (Reuters) - New bank lending in China slumped far more than expected in February, retreating sharply from a seasonally strong start to the year as weak credit appetite continued to ...
A revived speech and a shifting global backdrop. Beijing is signalling new urgency in its push to elevate the yuan - but the ...
As cross-border Chinese currency payments rise, we find evidence that a key U.S. financial sanctions tool may be weakening.
SHANGHAI, Jan 26 (Reuters) - China's yuan climbed to a ‌new 32-month high against the dollar ‌on Monday as the central bank continued its recent practice of carefully guiding the currency stronger by ...
Jan. 24 (Asia Today) --China set its benchmark yuan exchange rate against the U.S. dollar below the psychologically significant 7-yuan level for the first time in two years and eight months, signaling ...
China is praised for being a global alternative-enegy innovator. But its coal mining industry holds the real power. China burns 56% of the world's coal, has tripled consumption since 2000 and is ...
LONDON, Jan 16 (Reuters) - Transactions on a new China-led ‌digital currency platform have surged to over $55 ‌billion, a new report shows, the latest sign that efforts to build alternatives to dollar ...
Zambia is the first African country to let Chinese mining companies pay taxes in yuan. It probably won’t be the last, as Beijing seeks to internationalize the currency and dilute its dollar dependence ...