The U.S. Dollar (DXY) edged lower on Monday following the Federal Reserve’s latest policy decision and after President Donald Trump said he held a productive call with his Chinese counterpart.  The ...
A BYD Dolphin Mini sold for USDT in a BRICS country highlights the irony of China’s de-dollarization drive, where the yuan is sidelined to academic theories about a post-U.S. order, while ...
China's military alliance with Russia and North Korea poses threats beyond warfare as central banks stockpile gold to ...
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 ...
China tightened the leash on its currency and let the yuan rise sharply against the dollar on September 9, signaling what ...
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 ...
So what has China achieved so far? By any measure, the yuan lacks cachet. Though China is responsible for nearly a fifth of ...
(Yicai) Sept. 22 -- Some banks have recently announced their international cards will shift to Chinese yuan from US dollar ...
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 ...
Soaring exchange rates plummeted after Kim’s visit to China, driven by expectations that Chinese companies will increase ...
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 ...
May 17, 2005 — -- The Treasury Department's semi-annual report to Congress on foreign exchange released today called for change in China's policy of linking its currency (the yuan or renminbi) to ...