Beijing’s latest currency manoeuvre marks a departure from the stance that it deployed during the last trade war Read more at ...

China is advancing renminbi internationalisation by enhancing financial integration regionally, expanding currency swap ...

The combined actions of the lenders mark a reversal from last year’s efforts to defend the weakening renminbi Read more at ...

According to the ministry, the scale of the bonds stood at 11 billion yuan (about 1.55 billion U.S. dollars), comprising 4 billion yuan of two-year bonds, 4 billion yuan of three-year bonds, and 3 ...

Last October, the International Monetary Fund officially added China’s currency, the renminbi, to the basket that makes up its Special Drawing Rights, the reserve asset in which the IMF denominates ...

The Chinese renminbi’s share of global currency markets has reached a “record high”, jumping from 7 per cent just two years ...

Given that China is now the world's largest exporter and second-largest economy, it is a matter of when, not if, the renminbi will be included in the International Monetary Fund's special drawing ...

The renminbi has become a prime indicator of the dollar’s fortunes in the same way that Japan’s yen was in the 1990s. Indeed, the sharp rebound in China’s currency this year is a clear sign the ...

Longtime readers know how much I respect and rely on the Gavekal group for thought-provoking research. They have a truly unique organization, one in which even junior analysts can question ...

BEIJING — Each journey of a thousand miles begins with a single step. Yet for the trek to turn the renminbi into a global currency, China is only just lacing up its boots. According to this skeptical ...