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bne IntelliNews on MSNKenya asks China’s approval to convert dollar-denominated $5bn railway loan into yuan
By Brian Kenety Kenya is in talks with China – the East African country’s biggest bilateral lender – to convert a ...
The $250 billion stablecoin market, dominated by Tether’s USDT ($158 billion) and Circle Internet’s (NYSE:CRCL) USDC ($62 ...
China has been expanding use of digital currencies as it promotes wider use of its yuan, or renminbi, to reflect its status as the world's second-largest economy.
Offshore, renminbi centers led by Hong Kong, Singapore and London are now providing a wide range of renminbi hedging and investment products, plus access to raise capital in the "dim sum" bond ...
Nio Inc. (NYSE:NIO) is one of the best high growth consumer stocks to buy now. On August 16, Morgan Stanley said that it ...
Renminbi vs US dollar: It is no secret that China would like to convert the renminbi into an international currency and move away from the global dominance of the US dollar. While this is often ...
Chinese EV maker XPeng said Tuesday that it narrowed its losses as revenue more than doubled in the second quarter. XPeng ...
The renminbi is not a free floating currency like the U.S. dollar. The renminbi was pegged at 2.46 yuan for one U.S. dollar since the currency was introduced in 1948.
Since 2009, internationalizing the renminbi has been an explicit goal of Chinese policy. Beijing therefore celebrated the renminbi’s addition to the SDR basket as evidence that it was making real ...
The Debate Over Renminbi Policy Louis Gave January 21, 2016 One of the core tenets of Gavekal’s philosophy is that we embrace open debate. Rather than concealing the diversity of our analysis ...
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