The United States President Donald Trump's aggressive tariff policy is bound to fail, as he overestimates the US market's ...

Jeffrey Sachs: The protectionism will fail and will increasingly isolate the US in the world economy and politics. There are ...

Jeffrey Sachs, director of the Center for Sustainable Development at Columbia University, gave an exclusive interview to China Daily. The following is the full text of the interview: Q1: How do you ...

According to the People’s Bank of China’s 2015 Renminbi Internationalization Report, the RMB was the world’s 5th most used payment currency, the 2nd most used trade finance currency ...

as the preferred business hub for renminbi (RMB) internationalization. Hong Kong residents are allowed to establish RMB-denominated savings accounts, RMB-denominated corporate and Chinese ...

By allowing renminbi to flow offshore uncontrolled ... are straying from the normal sequence of steps toward currency internationalization. Why might that be? In this Center for Geoeconomic ...

Report from International Institutions and Global Governance Program and Greenberg Center for Geoeconomic Studies Report from International Institutions and Global Governance Program and Greenberg ...

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Welcome to the Chinese Yuan exchange rate & live currency converter page. The Chinese Yuan (CNY) exchange rates represented on this page are live, updated every minute within the forex market's ...

Outstanding renminbi loans in the Hong Kong market reached 724 billion yuan ($99.32 billion) by the end of 2024, marking a 64 percent surge from 2023, the Hong Kong Monetary Authority said, reflecting ...

The renminbi remained under pressure last week after the US imposed new tariffs on Chinese goods, risking a prolonged trade war. The USD/CNY exchange rate rose to 7.2877, its highest level since ...