Fading US dollar trust threatens world economy, ex-IMF official Zhu Min warns
Dwindling global trust in the US dollar is one of the most prominent risks facing a vulnerable world…
China could challenge US digital asset lead via Hong Kong, American Treasury chief warns
US Treasury Secretary Scott Bessent said he “would not be surprised” if China is already looking into ways…
China’s plan to internationalise yuan quietly takes a step forward as Zambia gets on board
As of January, Zambia has begun collecting taxes and royalties from Chinese mining firms in yuan, and will…
China’s central bank vows ‘strong breakwaters’ to shield from external shocks
Central bank governor Pan Gongsheng has stressed the importance of China maintaining a sound monetary system that remains…
New phrase, new phase? China’s central bank adjusts language on yuan internationalisation
China’s central bank has adopted a more proactive tone when describing its efforts to promote the global use…
A geo-strategic crisis for Australia
From The Barrel Bheki Gila|Published 6 minutes ago LORD Harold Samuel may have been responsible for the coinage…
‘Not just funding’: Why the new China-led SCO development bank could impact the US dollar’s dominance, geopolitics
Experts expect the SCO Bank to focus heavily on infrastructure and development programmes for a start. Chang of…
bne IntelliNews – Kenya asks China’s approval to convert dollar-denominated $5bn railway loan into yuan
Kenya is in talks with China – the East African country’s biggest bilateral lender – to convert a…