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…
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…
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…
‘Not just funding’: Why the new China-led SCO development bank could impact the US dollar’s dominance, geopolitics
Experts expect the SCO Bank to focus heavily on infrastructure and development programmes for a start. Chang of…