Chinese President Xi Jinping has explicitly revealed his ambition to make the yuan a second global reserve currency ...
Beijing is betting hard on the digital yuan. China is promoting its CBDC on a global stage in 2026. But will it really ...
(Reuters) -The yuan has shrugged off a trade war, slow growth, rock-bottom interest rates and a slump in foreign investment, to head for its sharpest annual gain since the pandemic year of 2020. The ...
China owes a lot to foreign investment. Long before Foxconn started making iPhones for Apple, manufacturers from Hong Kong tiptoed across the border to Guangdong in search of cheap labour. In 1982 ...
Due to President Donald Trump’s willingness to upend the global status quo, financial commentators and elite media outlets confidently predict that the status of the United States dollar is under ...
Goldman Sachs Group Inc. says the yuan is 25% undervalued and will appreciate more than forwards contracts are pricing for 2026. Calling the Chinese currency one of its “highest conviction” trades, ...