Some Chinese officials worry that the U.S.'s decision to embrace stablecoins through the Genius Act might reverse the trend ...

Renminbi vs US dollar: It is no secret that China would like to convert the renminbi into an international currency and move away from the global dominance of the US dollar. While this is often ...

China is “stress-testing” its labour-intensive export sectors to see how much renminbi appreciation its companies can withstand, China’s 21st Century Business Herald reported.

Rising adoption of the renminbi by the Chinese comes as the greenback’s preeminent role in global financial markets is increasingly undermined by the Trump administration’s aggressive and ...

The renminbi is the obvious candidate to take share away from the dollar, given the size of the Chinese economy and its role in global trade. But for various reasons, the currency isn’t suited ...

CHINA is increasingly debating whether or not the renminbi should be internationalized, possibly joining the US dollar and the euro as an international vehicle currency (IVC) – that is, a ...

The renminbi lost further ground against the dollar on Tuesday, putting pressure on China’s central bank to directly intervene and deploy significant foreign exchange reserves for the first time ...