Blog posts represent the views of CFR fellows and staff and not those of CFR, which takes no institutional positions. There is little doubt that China rather actively managed its currency in 2023. For ...

China pushes yuan globalisation with cheaper borrowing, wider offshore access, and expanded panda bond markets.

China is pushing global use of the yuan to reduce the impact of potential Western sanctions. It aims to guard against sanctions in scenarios such as military conflict over Taiwan, a researcher says.

In the fall of 2023, Xi Jinping made a rare visit to the nation’s mint following a trip to the central bank, according to people close to China’s decision-making. The visit laid bare Xi’s desire to ...

BUENOS AIRES (Reuters) - China is on a crash course with the United States over a major Chinese currency swap deal with Argentina that has buffered the South American country's depleted foreign ...

Blog posts represent the views of CFR fellows and staff and not those of CFR, which takes no institutional positions. The daily Central Parity Rate (“fix”) is supposed to be the middle point in the ...

Chinese regulators plan on developing more yuan-denominated products and allowing more offshore yuan investment opportunities in the continued push... At Money Morning, we dive deep into the ...

In 2017, the Chinese government was the largest cryptocurrency market in the world. It is estimated that as many as 80 percent of all Bitcoin transactions were taking place in Chinese currency, the ...

WASHINGTON (Reuters) - China's currency is clearly undervalued, but pressure on Beijing to make its currency rise in value won't trim the U.S. trade deficit with China or reduce the jobless rate, say ...

As a candidate, President Donald Trump repeatedly promised that he would declare China a currency manipulator immediately after he took office. Twelve weeks in, his mindset has apparently changed.

Kenya has converted part of its Chinese loans from U.S. dollars into renminbi (RMB), while Ethiopia is negotiating a similar arrangement. These conversions provide fiscal relief while embedding ...