USD/CNY slips below 7.1 as trade tensions ease and Fed policy shifts. Easing trade tensions on Chinese imports could send the ...
In Kenya and Ethiopia, China is using debt distress as a strategic opening to expand the RMB’s international use.
According to the analysts, the Chinese yuan’s internationalisation is firmly in progress, driven by rising trade settlement in CNY and increasing foreign borrowing in the currency. “ Spot turnover in ...
India's GIFT City may soon facilitate transactions in offshore Chinese renminbi. Authorities are reviewing a proposal to ...
The offshore dim sum bond market is witnessing more diversified issuers, with the central government, mainland provincial and ...
China’s Ambassador to Sri Lanka Qi Zhenhong on Wednesday said broader use of the Chinese Yuan, or Renminbi (RMB), could ...
China now settles nearly a third of its $6.2 trillion trade in yuan instead of dollars — up from 20% in 2022. But economic ...
China now settles nearly a third of its $6.2 trillion trade in yuan instead of dollars — up from 20% in 2022. But economic ...
Cryptopolitan on MSN
China’s global yuan loans explode 35% to new ATH as Beijing accelerates de-dollarization strategy
China’s global renminbi lending surged 35% to a record RMB3.4 trillion as Beijing accelerates its de-dollarization push.
USD/CNY edged lower on Monday as traders continued to assess last weeks U.S.China trade deal. The agreement reached last week between President Trump and President Xi to postpone reciprocal tariffs ...
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