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 ...
Chinese tech giants have paused plans to issue stablecoins in Hong Kong, after Beijing raised concerns about the rise of ...
The U.S. dollar fell against the euro and yen on Wednesday with market sentiment weakened by the continuing trade tensions ...
China is pushing global use of the yuan to reduce the impact of potential Western sanctions. It aims to guard against sanctions in scenarios such as military conflict over Taiwan, a researcher says.
The Chinese yuan is gaining prominence in global finance as more nations look beyond the US dollar. Its share in worldwide ...
The turmoil in China’s currency and assets has caused ructions in markets all over the world, from stocks to other currencies. But a little-observed consequence may be a change in the issuance and ...
Washington’s offer involves replacing Argentina’s US$18 billion currency swap line with China for a US-backed arrangement.
(Bloomberg) -- China’s President Xi Jinping wants a “powerful currency” that is stable enough to play a rising role in global trade. Donald Trump’s return looks set to challenge that ambition. The ...
SHANGHAI, Jan. 16 -- China's state media on Monday reported that the country's foreign currency reserves swelled by more than one-third last year to a record $819 billion as its factories churned out ...
May 17, 2005 — -- The Treasury Department's semi-annual report to Congress on foreign exchange released today called for change in China's policy of linking its currency (the yuan or renminbi) to ...
Trump indicated the currency swap would be conditional on Milei’s party performing well in this month’s elections.