China now settles nearly a third of its $6.2 trillion trade in yuan instead of dollars— up from 20% in 2022. Alarmed by the ...
China’s central bank appears to be taking a more assertive stance in its push to expand the yuan’s role in the global ...
Three financial market sources told the agency that Russia’s Finance Ministry plans up to four bond issuances totaling the ...
China is leveraging its position as the world’s largest creditor to help broaden usage of the yuan, offering overseas ...
C ritics of China’s economy often complain that its investment is excessive and its official statistics flatter its performance. But recent monthly figures have flipped the script. Investment in ...
China is converting dollar debts owed by developing nations into yuan loans to expand global use of its currency.
China's factory activity in October expanded at a slower pace as new orders and output both waned amid tariff anxiety, a ...
China’s global renminbi lending surged 35% to a record RMB3.4 trillion as Beijing accelerates its de-dollarization push.
China owes a lot to foreign investment. Long before Foxconn started making iPhones for Apple, manufacturers from Hong Kong tiptoed across the border to Guangdong in search of cheap labour. In 1982 ...