Fears over China’s trade surplus misplaced as US, Europe also driving trend: analysts
The so-called China Shock 2.0 narrative is incomplete, analysts argued, as they noted that domestic macroeconomic forces in…
IMF Hints Weaker Yuan Is to Blame for China’s Growing Imbalances
(Bloomberg) — The International Monetary Fund linked China’s booming exports and growing trade imbalances in part to a…
Bank of England prioritises AI, DLT and quantum computing ‘for further action’
Bank of England: considers the three ‘cross-cutting’ technologies as having ‘the most potential for transformative outcomes’ | Credit:…
Chinese yuan’s forex market share grows to 8.5% as global position firms: BIS survey
The Chinese yuan’s share in global foreign exchange (forex) trading climbed to 8.5 per cent this year while…