China’s renminbi is lagging the currencies of key trading partners, making Chinese goods and services cheap and helping to ...
Caught between Beijing and the Trump administration, the International Monetary Fund offered mild criticism of China for ...
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 ...
U.S. Treasury Secretary Timothy Geithner has been pressing China to raise the value of its currency, but some economists and public policy experts say Geithner’s complaints amount to scapegoating ...
China doubles down on crypto ban, warns against stablecoins, as Hong Kong-listed firms with digital asset exposure see sharp ...
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 ...
China is considering allowing the usage of yuan-backed stablecoins for the first time to boost wider adoption of its currency globally, sources familiar with the matter said, in a major reversal of ...
Trading has surged to a nine-year high in China’s onshore swaps market, an increasingly popular one-stop-currency-shop for everyone from foreign to local to state banks and corporates, all happy to ...
China has just completed its first trade of liquefied natural gas (LNG) settled in yuan, the Shanghai Petroleum and Natural Gas Exchange said on Tuesday. Chinese state oil and gas giant CNOOC and ...
There are roughly 180 different currencies used around the world today. Currency is the heartbeat of any economy because it allows us to buy and sell goods easily. Without it, we would be stuck ...
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 ...