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…
How China’s global investment model is changing – and what it means for the yuan
Foreign direct investment (FDI) has been a crucial pillar of China’s economy since it opened up, drawing in…
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…
China’s yuan rallies with central bank backing as worries mount over US dollar
A recent rally in China’s yuan has been primarily fuelled by stronger guidance from its central bank rather…