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So what has China achieved so far? By any measure, the yuan lacks cachet. Though China is responsible for nearly a fifth of ...
China tightened the leash on its currency and let the yuan rise sharply against the dollar on September 9, signaling what looks like a new phase in Beijing’s foreign exchange playbook. The People’s ...
and a senior fellow at the Asia Society Policy Institute’s Center for China Analysis. There are many reasons to lie awake worrying about the Chinese economy. A big devaluation of the yuan is not one ...
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 ...
The State Council - China's cabinet – will review and possibly approve a roadmap later this month for the greater usage of ...
At the 2025 China International Fair for Trade in Services (CIFTIS) in Beijing, local currency settlements were highlighted ...
China's military alliance with Russia and North Korea poses threats beyond warfare as central banks stockpile gold to ...
Opinion
Khaleej Times on MSNOpinion

Stronger yuan aids push to globalise China’s currency

The Chinese yuan has appreciated around 2.4% against the dollar this year.Hedge funds added to bullish options wagers on the currency versus the dollar as weak US jobs ...
The exchange rate between North Korean won and Chinese yuan has crashed in the border city of Sinuiju following Kim Jong Un’s ...
China revalued its currency last week, allowing it to rise 2.1% against the U.S. dollar. No longer will the yuan exactly track the buck, as it has for nearly a decade–which has kept the yuan’s value ...
BEIJING, Sept. 3 -- China's rebuff this week of foreign entreaties to allow the value of its currency to rise in part reflects the government's deep desire to protect the nation's booming growth in ...