SHANGHAI/HONG KONG, June 16 (Reuters) - China's gradual internationalisation of its currency will shift to its next leg on Monday when about two dozen Chinese companies start trading in their home ...
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 ...
BEIJING (AP) — China's central bank set the value of the yuan at the currency's lowest level against the U.S. dollar in more than eight years on Friday. The "parity rate" for the yuan, also known as ...
SHANGHAI/SINGAPORE, Aug 31 (Reuters) - Chinese exporters are using a complicated currency swap strategy to avoid converting their dollar earnings into yuan for fear of losing out on potential gains in ...
and a senior fellow at the Asia Society Policy Institute’s Center for China Analysis. There are many reasons to lie awake worrying about the Chinese economy. A big devaluation of the yuan is not one ...
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