Huawei and Apple bend to a tougher market with foldable phones as memory crunch bites
Highly anticipated foldable launches from Apple and Huawei Technologies next week are expected to offer a much-needed lifeline…
The panda bonds: how China uses assets to boost yuan’s profile, cement partnerships
Brazil is set to become the latest major economy to issue panda bonds – yuan-denominated debt sold in…
China pledges support for trading of treasury bond futures in Hong Kong
China will double down on its support for Hong Kong as a global hub for the offshore yuan,…
95% of overseas firms expect to sustain or boost use of the yuan: Bank of China poll
The global business appetite for China’s yuan is strengthening as Beijing’s long-term campaign to internationalise its currency gains…
Open Questions | Hong Kong must embrace ‘bipolar’ role to thrive in ‘Stage 3.0’: ex-HKEX boss Charles Li
Charles Li Xiaojia, the longest-serving CEO of Hong Kong Exchanges and Clearing (HKEX), defined a decade of city…
China’s yuan gains ground in international trade with room to grow, Goldman Sachs says
China-linked trade settlements in yuan grew from 13 per cent in 2019 to 30 per cent last year,…
UAE officials warned they may be forced to use yuan or other currencies if they run low on dollars
The United Arab Emirates apparently dropped a hint the dollar’s dominance isn’t assured in the global oil trade…
China’s yuan settlements hit record, and the Iran conflict is looking like a catalyst
Rising demand for yuan settlement amid Middle East tensions is driving record transaction amounts in China’s cross-border payment…
China’s yuan may be going global faster than Western data suggests, analysts say
This could help explain the gap between Beijing’s official narrative – which describes the yuan as the world’s…
As global yuan use expands, questions resurface about China’s world-leading forex reserves
A report from a leading Beijing university has revived discussions about the “optimal size” of China’s foreign exchange…
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…
Trade war, global instability push de-dollarisation into China’s academic mainstream
Interest in de-dollarisation has spiked in Chinese academic and policy circles, as Beijing grows increasingly wary of the…