China's central bank set the strongest guidance rate for the yuan in almost three years, suggesting it will allow its currency to gradually appreciate even while trying to avoid hurting
A powerful Beijing-backed company that has a stranglehold over China’s massive purchases of iron ore has become the biggest risk in the global market for the commodity, according to one
Economists and investors in China and beyond are calling on Beijing to allow a sharper appreciation of the renminbi, arguing that the currency is significantly undervalued and is being used
Carolyn Kissane, academic director and clinical professor at the Center for Global Affairs at New York University, leads the conversation on the geopolitics of oil. FASKIANOS: Thank you. Welcome
Government has clarified that the decision to allow the payment of some mining taxes in the Chinese currency, Renminbi also known as Yuan, is a strategic and cost-saving measure aimed
China will allow banks to pay interest on digital yuan wallets from 2026, expanding CBDC functions, boosting adoption, and reinforcing central bank control.China’s central bank has unveiled a major update
China will on January 1 launch an “action plan” for boosting management and operations of its digital currency, a deputy governor of the country’s central bank said Monday. “The
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.China has fixed the renminbi at its strongest level against the dollar
(Bloomberg) -- China vowed to prevent the yuan’s exchange rate from overshooting, sending yet another clear signal of its intention to slow the currency’s appreciation. The People’s Bank of China
China is stepping up efforts to internationalize its currency by expanding the use of its digital yuan, including through a cross-border payment pilot with Singapore. The announcement was made Wednesday