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…
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,…
China fires back at currency-depreciation claims, denies using weak yuan to boost exports
Beijing has stressed that it does not intend to rely on a weaker yuan for trade gains, amid…
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…
China Dreams of Challenging US Dollar Supremacy
President Xi Jinping has set his sights on a “powerful” currency befitting China’s growing stature on the world…
Trade war, global instability push de-dollarisation into China’s academic mainstream
Interest in de-dollarisation has spiked in Chinese academic and policy circles, as Beijing grows increasingly wary of the…
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…
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 monetary policy impact not yet unleashed, PBOC says with 5% GDP goal in mind
China’s central bank intends to carefully calibrate the intensity and pace of its “moderately loose” monetary policy implementation,…