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Adding to the urgency for China is the newfound legitimacy for stablecoins conferred by a law President Trump signed in July.
So what has China achieved so far? By any measure, the yuan lacks cachet. Though China is responsible for nearly a fifth of ...
China's military alliance with Russia and North Korea poses threats beyond warfare as central banks stockpile gold to ...
The exchange rate between North Korean won and Chinese yuan has crashed in the border city of Sinuiju following Kim Jong Un’s ...
China tightened the leash on its currency and let the yuan rise sharply against the dollar on September 9, signaling what ...
At the 2025 China International Fair for Trade in Services (CIFTIS) in Beijing, local currency settlements were highlighted ...
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 State Council - China's cabinet – will review and possibly approve a roadmap later this month for the greater usage of ...
May 2021 was a dark day for cryptocurrency. In the wake of the unimaginable rise in digital assets, investors have ...
In a stunning display of strategic foresight on one side and a complete lack of it on the other, the global rare earth market ...
Talent has long been the defining currency in the global semiconductor race. For decades, Chinese-born engineers with deep ...
China's central bank said on Friday it plans to better regulate cross-border yuan financing between banks, and promote ...