The Chinese renminbi has bounced back in the past few weeks as the market ignored the ongoing trade tensions between the US ...
Global stocks struggled on Tuesday as President Donald Trump’s latest batch of tariffs took effect, targeting Canada, Mexico ...
Campanella, Edoardo, and Meg Rithmire. "What Future for the Renminbi in the Global Monetary System?" Chap. 7 in U.S.-China Relations for the 2030s: Toward a Realistic Scenario for Coexistence, edited ...
The challenge for the Chinese government is to back up its modest international policy actions with substantial domestic reforms. The renminbi’s prospects as a global currency will be shaped by a ...
Hang Seng Bank, a HSBC subsidiary Hong Kong–based banking and financial services company, has become one of the first banks ...
Outstanding renminbi loans in the Hong Kong market reached 724 billion yuan ($99.32 billion) by the end of 2024, marking a 64 percent surge from 2023, the Hong Kong Monetary Authority said ...
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