BCA Research dropped a bombshell. The firm said China's yuan might be seriously undervalued, and that's got economists and ...

The bond was auctioned off to holders of the digital yuan, a central bank digital currency (CBDC) developed by the Chinese government. Hua Xia Bank, a publicly traded financial institution linked to ...

・The People's Bank of China is transferring the digital yuan from cash to deposits. ・The PBOC reportedly said interest on verified e-CNY accounts will link the digital yuan to traditional deposits and ...

The Chinese yuan’s limited offshore supply is posing operational challenges for United Overseas Bank Ltd., as more regional economies conduct trades and payments in the currency, according to an ...

BEIJING/SHANGHAI, Dec 29 - Holdings of China's ‌digital yuan, or e-CNY, will ‌start generating interest income next year under a new framework, state broadcaster CCTV said on Monday, as China steps up ...

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, April 21 (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 ...

The Chinese yuan’s appreciation since April is unfolding at just the right pace to neutralize any benefits from holding higher-yielding dollars — and puts it on course to hit 7 against its US ...

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 ...

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 ...