Xi Jinping pushes renminbi as a global trade and reserve currency; learn what reforms, market shifts and risks mean for ...
Decision to repay loans and import costs directly to China in Chinese currency is practical rather than political, experts say.
The Chosun Ilbo on MSN
Xi Jinping's 'strong yuan' ambition faces challenges to dollar hegemony
Chinese President Xi Jinping has explicitly revealed his ambition to make the yuan a second key currency challenging the U.S.
Xi Jinping says the goal of becoming an international powerhouse is a long-term one and will rest on core foundations.
The US Treasury characterized the yuan as “substantially undervalued,” and called on China to allow its exchange rate to ...
China set its benchmark yuan exchange rate against the U.S. dollar below the psychologically significant 7-yuan level for the ...
China’s exports remain resilient under U.S. tariffs as the yuan stays tightly managed, sending ripples all the way to the ...
Zambia is the first African country to let Chinese mining companies pay taxes in yuan. It probably won’t be the last, as ...
The Chinese yuan, riding its longest weekly rally in more than a decade, is expected to strengthen further as exporters boost demand for the currency ahead of the Lunar New Year.
JOHANNESBURG, Jan 21 (Reuters) - Chinese lending to Africa nearly halved to $2.1 billion in 2024, the first annual decline ...
Despite global uncertainties and domestic challenges, more Chinese cities and provinces crossed key gross domestic product ...
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