For years, Chinese crypto investors have relied on USDT and other dollar-pegged stablecoins as a safe harbor from market ...

China’s currency, the renminbi, is undervalued. Everyday evidence abounds: residents of Hong Kong, whose currency is tightly pegged to the US dollar, flock across the border to Shenzhen for weekends ...

The US dollar still dominates trade for now. But new research suggests Australia’s banks are unprepared for a world where China’s currency plays a much larger role.

China is taking its first concrete steps toward developing stablecoins linked to the yuan, aiming to counter the rising global dominance of US dollar-backed tokens like USDT and USDC. While the ...

Experts expect the renminbi's central parity rate against the dollar to remain relatively strong in the short term. They said the RMB is likely to remain generally stable, continuing its pattern of ...

For policymakers and investors, the message is stark. The question is no longer whether the rupee, rouble, renminbi, real and ...

The renminbi remained under pressure last week after the US imposed new tariffs on Chinese goods, risking a prolonged trade ...

Russia has sold its first bonds denominated in Chinese renminbi, raising almost $3bn as it seeks to fund its invasion of ...

To borrow from the great JRR Tolkien, the USD/CNY story in April has been much like Bilbo Baggins’s autobiography from The Hobbit – There and Back Again. Ahead of the 'reciprocal' tariff announcements ...

Converting Chinese loans from dollars into yuan may seem cheaper in the short term, but in the long-term it increases dependency on the Big Dragon, warns Rishan Sen.

The Diplomat author Mercy Kuo regularly engages subject-matter experts, policy practitioners, and strategic thinkers across the globe for their diverse insights into U.S. Asia policy. This ...

BHP will begin settling 30% of its iron ore spot trades with Chinese buyers in Yuan starting Q4 2025, marking a historic departure from U.S. dollar pricing. The move follows pressure from Beijing, ...