The internationalisation of the renminbi has been held back by the Chinese government’s aversion to risk, says an economist, ...

Xi Jinping pushes renminbi as a global trade and reserve currency; learn what reforms, market shifts and risks mean for ...

Xi Jinping says the goal of becoming an international powerhouse is a long-term one and will rest on core foundations.

China wants a slow, managed move in its currency. The market—and China’s trading partners—may not be as patient.

BANGKOK — China has been expanding use of digital currencies as it promotes wider use of its yuan, or renminbi, to reflect its status as the world’s second-largest economy and challenge the ...

The head of China’s central bank has sworn to expand the international use of the digital yuan. He also called for the development of a multi-polar global currency system, in which more than one ...

China is considering allowing the usage of yuan-backed stablecoins for the first time to boost wider adoption of its currency globally, sources familiar with the matter said, in a major reversal of ...

China is reportedly considering allowing the usage of yuan-backed stablecoins for the first time to boost wider adoption of its currency globally, in a major reversal of its stance towards digital ...

The 1-year LPR was kept at 3.1% and the 5-year LPR at 3.6%, in line with expectations. The rate decision comes after China posted encouraging GDP growth numbers for the first quarter. The 1-year LPR ...

BANGKOK — China has been expanding use of digital currencies as it promotes wider use of its yuan, or renminbi, to reflect its status as the world's second-largest economy and challenge the ...

(Reuters) -China is considering allowing the usage of yuan-backed stablecoins for the first time to boost wider adoption of its currency globally, sources familiar with the matter said, in a major ...