As China’s yuan emerges as a global currency, Beijing faces a balancing act
As the yuan’s exchange rate hovers near a three-year high against the US dollar, an article by China’s…
China presses IMF for quota reform, better surveillance of advanced economies
China’s central bank chief has urged the IMF to serve as a bulwark against “rising unilateralism”, at a…
China’s PBOC raises leverage ratios for foreign lenders to support outbound investment
Beijing has raised the limit on banks’ overseas lending – a move that analysts say will support Chinese…
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…
Exclusive | Andrew Tilton on China’s growth prospects, economic trajectory in wake of Iran war
Andrew Tilton, chief Asia-Pacific economist at Goldman Sachs, speaks to the South China Morning Post about the long-term…
China adds 12 banks to digital yuan system, expanding e-CNY’s economic presence
China is set to include 12 more commercial banks under the umbrella of its central bank-backed digital currency,…
How China opened the door to creating a direct rival to US payment systems
China’s recent changes to the rules governing its global payment system could pave the way for turning it…
China’s financial superpower ambitions get legal backing at ‘two sessions’
In its work report delivered on Monday, the National People’s Congress Standing Committee, the country’s top legislative body,…
Why China’s path to ‘financial superpower’ status could begin in Hong Kong
When Wilson Chan Fung-cheung joined Hong Kong’s banking industry as a foreign-exchange trader more than four decades ago,…
IMF rebukes China’s model with its own credibility in tatters
As the International Monetary Fund takes China to task, the world’s “lender of last resort” is grappling with…
China expands oversight of major banks amid property sector risks
China has expanded its list of domestic systemically important banks (D-SIBs) – institutions subject to tighter regulatory standards…
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…