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,…