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’s central bank appears to be taking a more assertive stance in its push to expand the yuan’s role in the global ...
The International Air Transport Association is adding the yuan to the basket of currencies available for payments through its ...
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South Korea, China Renew 70 Trillion Won Currency Swap Agreement
On the 1st, the central banks of South Korea and China renewed a 5-year maturity 70 trillion won (400 billion yuan)-scale ...
With minimal depreciation and more frequent use overseas, the yuan has shown greater resilience in this round of the US trade ...
Exchange traded funds following the price movements of the Chinese yuan currency may be allowed a little more wiggle room as the People’s Bank of China loosens the trading restriction on its currency.
China's yuan faces a cocktail of bearish headwinds even as Beijing scrambles to prop up the currency
China's currency has more downside ahead, according to JPMorgan strategists. Beijing has attempted to prop up the weakening yuan, but the bank sees reason to stay bearish. "The fundamental case for ...
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