Investors are snapping up yuan credits and surging yuan lending is poised to overtake overseas dollar loans at Chinese banks ...

SHANGHAI/HONG KONG (Reuters) -China's central bank will roll out further measures to support the development of Chinese yuan bonds in Hong Kong and accelerate global use of its currency, a senior ...

SHANGHAI (Reuters) -China's central bank said on Monday it was encouraging state-owned enterprises to prioritise yuan usage in payment and settlement in their overseas expansion, in what is seen as an ...

Hua Xia Bank, a publicly traded financial institution linked to China’s government, issued 4.5 billion yuan ($600 million) in tokenized bonds on Wednesday, aiming to reduce clearing friction by ...

China's central bank governor has laid out an ambitious plan to reshape the global financial system, calling for a shift away from dollar dominance and urging wider international adoption of the ...

DBS Bank was appointed as the second renminbi (RMB) clearing bank in Singapore, one of 27 agreements signed during an annual ...

The offshore yuan strengthened against the US dollar on Thursday, moving through the key 7.0000 mark and touching 6.9965 at 3 ...

China’s central bank chief has a vision for a more multipolar monetary system, preferably one in which the yuan plays a larger role on the global stage. At a key policy forum earlier this week, Pan ...