China now settles nearly a third of its $6.2 trillion trade in yuan instead of dollars — up from 20% in 2022. But economic ...
In Kenya and Ethiopia, China is using debt distress as a strategic opening to expand the RMB’s international use.
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 ...
The International Air Transport Association is adding the yuan to the basket of currencies available for payments through its ...
SHANGHAI/HONG KONG, June 16 (Reuters) - China's gradual internationalisation of its currency will shift to its next leg on Monday when about two dozen Chinese companies start trading in their home ...
BHP Billiton’s agreement to settle 30% of its iron ore spot trades in Chinese Yuan marks a major shift away from dollar ...
President Donald Trump on Monday accused China of "currency manipulation," shortly after Beijing struck back with its own retaliatory action as the trade war continues to escalate. President Donald ...
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 ...