New global financial architecture needed to end trade surplus fixation: Piketty
An initiative designed to tackle inequality and climate change could benefit China by reinventing global financial and trade…
China’s investment-driven role in global growth is underestimated, study says
China’s contribution to global growth is underestimated while the yuan is positioned to emerge as a fundamentally strong…
Family wealth offices eye shifting assets from North America to China, survey finds
Investment offices for some of the world’s wealthiest families are reducing exposure to US assets and favouring Chinese…
Can currency swaps make China a lender of last resort? Ex-PBOC official weighs in
China should position itself as an international lender of last resort to help out in global emergencies and…
How PayMe’s 3.3 million users and Hong Kong firms could start using stablecoins
For Hong Kong’s 3.3 million PayMe users, everyday transactions such as buying coffee or splitting bills with friends…
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…
Can China’s roaring trade engine power the yuan’s challenge to the US dollar?
In the run-up to this year’s ‘two sessions’ – the annual meetings of China’s top legislature and political…
New US 10% global tariff will have ‘limited impact’ on Hong Kong: treasury chief
The new 10 per cent global tariffs imposed by the United States will have only a “limited impact”…
The U.S. K-shaped economy just keeps getting worse – LegalShield’s Layton
Kitco NEWS has a diverse team of journalists reporting on the economy, stock markets, commodities, cryptocurrencies, mining and…
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…