China is lending less to Africa than it collects in repayments, redefining its relationship with the continent toward trade, ...
China set its benchmark yuan exchange rate against the U.S. dollar below the psychologically significant 7-yuan level for the ...
China wants a slow, managed move in its currency. The market—and China’s trading partners—may not be as patient.
China’s strongest yuan fixing in years signals greater tolerance for currency appreciation, raising questions over export ...
China has upgraded the digital Yuan to pay interest, marking a shift in CBDC design with implications for banks, payments, ...
The technology allows the authorities to not only track where money is going, but also programme how it flows. Read more at straitstimes.com. Read more at straitstimes.com.
China's yuan climbed to a new 32-month high against the dollar on Monday as the central bank continued its recent practice of carefully guiding the currency stronger by lifting the official midpoint ...
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 ...
China has assured Pakistan of re-lending USD 3.7 billion in commercial loans, denominated in Chinese currency, before the end of June, in a move that will help keep the foreign exchange reserves in ...
Faced with Trump's tariffs and threats, BRICS countries are trying to reduce dollar use in trading with each other.
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 ...