So what has China achieved so far? By any measure, the yuan lacks cachet. Though China is responsible for nearly a fifth of ...

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 State Council - China's cabinet – will review and possibly approve a roadmap later this month for the greater usage of ...

BANGKOK — China has been expanding use of digital currencies as it promotes wider use of its yuan, or renminbi, to reflect its status as the world’s second-largest economy and challenge the ...

China's central bank said on Friday it plans to better regulate cross-border yuan financing between banks, and promote ...

Adding to the urgency for China is the newfound legitimacy for stablecoins conferred by a law President Trump signed in July.

At the ongoing 2025 China International Fair for Trade in Services (CIFTIS) in Beijing, local currency settlements were highlighted as an area of growing interest. Amid currency volatility and ...

China's central bank, the People's Bank of China (PBOC), and Bank Indonesia (BI) jointly launched China-Indonesia Local ...

China revalued its currency last week, allowing it to rise 2.1% against the U.S. dollar. No longer will the yuan exactly track the buck, as it has for nearly a decade–which has kept the yuan’s value ...

BEIJING, Sept. 3 -- China's rebuff this week of foreign entreaties to allow the value of its currency to rise in part reflects the government's deep desire to protect the nation's booming growth in ...

Baffling to Chinese coolies are the ramifications of the Chinese-Japanese currency war. Although Japanese Armies have driven beyond many of their homes, they still do business in Chinese dollars.

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 ...