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’s yuan has tightened its grip on global currency markets, rising to 8.5% of all foreign exchange trades this year and ...
China needs to become the first nation to issue a digital currency in its push to internationalise the yuan and reduce its dependence on the global dollar payment system, a commentary published by the ...
China is pushing global use of the yuan to reduce the impact of potential Western sanctions. It aims to guard against sanctions in scenarios such as military conflict over Taiwan, a researcher says.
China's experimental $1.5 million giveaway of digital yuan to Shenzhen citizens ended on Sunday with acclaim from currency analysts - and scepticism from some users saying they preferred existing ...
The turmoil in China’s currency and assets has caused ructions in markets all over the world, from stocks to other currencies. But a little-observed consequence may be a change in the issuance and ...
(Bloomberg) -- China’s President Xi Jinping wants a “powerful currency” that is stable enough to play a rising role in global trade. Donald Trump’s return looks set to challenge that ambition. The ...
Overview: The US dollar has stabilized after yesterday's surge. Following words of caution by Japan's finance minister, the ...
SHANGHAI, Jan. 16 -- China's state media on Monday reported that the country's foreign currency reserves swelled by more than one-third last year to a record $819 billion as its factories churned out ...
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 ...
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 ...
Baffling to Chinese coolies are the ramifications of the Chinese-Japanese currency war. Although Japanese Armies have driven beyond many of their homes, they still do business in Chinese dollars.