Xi Jinping says the goal of becoming an international powerhouse is a long-term one and will rest on core foundations.
China is lending less to Africa than it collects in repayments, redefining its relationship with the continent toward trade, ...
China set its benchmark yuan exchange rate against the U.S. dollar below the psychologically significant 7-yuan level for the ...
China wants a slow, managed move in its currency. The market—and China’s trading partners—may not be as patient.
China has upgraded the digital Yuan to pay interest, marking a shift in CBDC design with implications for banks, payments, ...
China’s strongest yuan fixing in years signals greater tolerance for currency appreciation, raising questions over export ...
Zambia is the first African country to let Chinese mining companies pay taxes in yuan. It probably won’t be the last, as ...
BANGKOK — China has been expanding use of digital currencies as it promotes wider use of its yuan, or renminbi, to reflect its status as the world's second-largest economy and challenge the ...
In recent weeks, a cluster of news reports and commentary has drawn attention to China’s accelerating efforts to internationalize the renminbi (RMB). At the Lujiazui Forum in Shanghai, The New York ...
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 lifting the official midpoint ...
Faced with Trump's tariffs and threats, BRICS countries are trying to reduce dollar use in trading with each other.
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