China is accelerating renminbi internationalization via trade settlement, CIPS, and the digital yuan, but capital controls still limit the RMB’s global reserve role.

China’s central bank moved to slow the pace of renminbi appreciation on Feb 27, scrapping risk reserves requirements for forex forward contracts in a move that would encourage US dollar buying. The ...

What changes when China’s leader finally states a reserve currency ambition explicitly? Xi Jinping has now done so, calling ...

China’s central bank has moved to slow the renminbi’s advance as its rapid appreciation tests Beijing’s tolerance for a stronger currency that could threaten its export-oriented economy.

Learn how China's yuan peg stabilizes its currency, enhances export competitiveness, and fuels economic growth by managing exchange rates against a basket of currencies.

China just smashed another milestone in its war on dollar dominance. Official figures show overseas renminbi lending, bond investments, and deposits by Chinese banks have quadrupled in five years, ...

HONG KONG, Dec 19 (Reuters) - Investors are snapping up yuan credits and surging yuan lending is poised to overtake overseas dollar loans ‌at Chinese banks as attractive pricing helps drive a ...

Yuan rises after People’s Bank of China sets stronger reference rate ahead of National People’s Congress, signaling comfort with appreciation and policy shifts.

Chinese leader Xi Jinping has called for the Chinese yuan to become a global reserve currency, perhaps capitalizing on the dollar’s decline over the past year. Over the weekend, the ruling Communist ...

The announcement by People’s Bank of China on Friday to allow overseas-acquired renminbi funds to be remitted back into China will help boost liquidity in the fast-growing offshore RMB currency ...

The U.S. dollar will remain dominant in the international monetary system, with de-dollarization likely to be slow and partial despite rising RMB and euro ambitions. Network effects, deep U.S.