Chinese firms face punishment for working on real-world asset projects without approval. Beijing effectively bans domestic ...
Xi Jinping has called for the renminbi to become a global reserve currency, in some of his clearest comments on his ambitions ...
China's central bank and other regulators issued a statement on Friday banning companies from issuing yuan-pegged tokens or ...
Chinese regulators have moved to tighten control over digital assets, banning the unauthorized issuance of yuan-pegged ...
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Xi calls for renminbi to become a global reserve currency
By Ben Aris in Berlin President Xi Jinping issued his strongest call yet for China’s renminbi to become a global reserve ...
The dollar recovered only marginally after reaching a one-and-a-half-week low overnight on concerns about foreigners selling U.S. assets.
This paper uses microdata on U.S. mutual fund and ETF portfolios from SEC Form NPORT to study American investment in Chinese Renminbi (RMB)–denominated bonds. We show that, even as total foreign ...
Chinese regulators have locked in a sweeping crypto clampdown, banning unapproved yuan-linked stablecoins and curbing ...
(Yicai) Jan. 29 -- The Chinese yuan has continued to show strong performance against the US dollar since the start of the ...
China is seizing an opportunity to challenge American dominance in global finance and exert greater international influence at the expense of the all-powerful US dollar.
By Liz Lee BEIJING, Feb 9 (Reuters) - New loans from Chinese banks in January probably rose from the prior month to match the ...
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