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 ...
The Chinese economy has shown resilience despite external headwinds as the Trump administration ramps up its trade war, but ...
Fresh off meeting Chinese President Xi Jinping, U.S. President Donald Trump is talking about keeping the U.S. ahead of China ...
China’s central bank appears to be taking a more assertive stance in its push to expand the yuan’s role in the global ...
China is leveraging its position as the world’s largest creditor to help broaden usage of the yuan, offering overseas ...
BEIJING -- The People's Bank of China, the country's central bank, has renewed a bilateral currency swap agreement with the ...
Beijing’s policymakers are recasting digital money as a tool of national power. A recent study in Study Times describes ...
In Kenya and Ethiopia, China is using debt distress as a strategic opening to expand the RMB’s international use.
China jails five for operating $166M crypto money laundering scheme using USDT stablecoins for illegal cross-border transfers ...
The local currency transactions made between Indonesia and Japan also reached $5 billion, Bank Indonesia says.
BHP Billiton’s agreement to settle 30% of its iron ore spot trades in Chinese Yuan marks a major shift away from dollar ...
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