For years, China reportedly depended heavily on labour-intensive industries such as garments, furniture and household goods, ...

China and Serbia have more than tripled the size of their bilateral local-currency swap arrangement, a move that analysts ...

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 ...

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 ...

Back in 2005, China held 79 percent of its growing reserve portfolio in dollars. In 2024, China disclosed that by 2019 only 55 percent of its now stagnant reserves were in dollars. That is the last ...

Where Does Bangladesh’s Once Dominant Awami League Stand Today? China is pursuing a strategy of selective RMB integration – eschewing full capital account liberalization and avoiding a direct ...

Change is coming as the US dollar loses its shine and more yuan deals are struck, Zhu Min says China should position itself as an international lender of last resort to help out in global emergencies ...

U.S. Senator Rick Scott of Florida has officially reintroduced a piece of legislation aimed at blocking China’s digital ...

Chinese officials seem pleased with the yuan’s recent progress as a global currency. The international monetary system is diversifying at an accelerating pace, said Pan Gongsheng, the governor of ...

LONDON, Jan 16 (Reuters) - Transactions on a new China-led ‌digital currency platform have surged to over $55 ‌billion, a new report shows, the latest sign that efforts to build alternatives to dollar ...

Argentina is on the verge of settling its debt with China’s central bank, winding down a currency lifeline that kept the ...