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The Donald Trump administration is pushing the United States (US) into uncharted territory in so many ways that it's ...
The leader of China’s central bank made a clear though indirect critique of the dollar’s role as the world’s main currency.
Chinese Ambassador to Luxembourg Hua Ning said now is the right time for China and the European Union to deepen cooperation, ...
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Cryptopolitan on MSNChina’s central bank throws weight behind new, emerging global currency systemChina’s top monetary official said the global financial system is moving away from the US dollar, and China wants to push the ...
China pushes digital yuan to reduce global reliance on the US dollar and promote a multipolar currency system amid rising ...
SINGAPORE] UOB and its wholly-owned subsidiary UOB China have become direct participants in China’s Cross-border Interbank ...
The USD/CNY exchange rate retreated from the year-to-date high of 7.3500 on April 10 to a low of 7.20 as traders focused on the trade relations between China and the United States. US and China trade ...
Financial Secretary Paul Chan on Friday said Hong Kong is speeding up the inclusion of renminbi counters in the Southbound ...
The debate about de-dollarization and renminbi internationalization is often muddled. Some analysts make maximalist claims about whether the dollar’s dominance will persist or perish. Others make ...
Generally, people seem open to it, but they also don’t see many good alternatives. The renminbi is the obvious candidate to take share away from the dollar, given the size of the Chinese economy ...
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