China’s central bank has set the yuan’s exchange rate at its strongest level against the US dollar in more than three years, as Beijing pushes to internationalise its currency and
Unloading iron ore at the port of Qingdao, China. (Photo by Costfoto/NurPhoto via Getty Images)NurPhoto via Getty ImagesChina’s drive to de-dollarize its trade with the rest of the world by
Neat rows of Chinese currency bills sit behind glass at the center of the national security gallery inside Hong Kong’s Museum of History, along with model fighter jets, attack helicopters
Pan-African lender Ecobank is in talks with Bank of China to launch a direct local-currency-to-yuan settlement product for its customers by year end, its group CEO said, citing rising trade
NAIROBI - Pan-African lender Ecobank is in talks with Bank of China to launch a direct local-currency-to-yuan settlement product for its customers by year end, its group CEO said, citing rising
second half And while many investors have reasonable fears about the effects of the war on global inflation, that doesn’t hit China too hard, since it has been struggling with
As the United States-Israel war on Iran — paused for two weeks on Wednesday amid fresh diplomatic talks — has roiled the global economy for more than a month, Iran and
A worker counts Chinese currency renminbi at a bank in Linyi, East China's Shandong province. [Photo/Xinhua] BEIJING - The Export-Import Bank of China (China EximBank) said it provided greater credit
A report from a leading Beijing university has revived discussions about the “optimal size” of China’s foreign exchange reserves – with a focus on US Treasuries – calling for its
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.The writer is founder and chief economist of Enodo Economics and a