China now settles nearly a third of its $6.2 trillion trade in yuan instead of dollars — up from 20% in 2022. But economic ...

In Kenya and Ethiopia, China is using debt distress as a strategic opening to expand the RMB’s international use.

USD/CNY slips below 7.1 as trade tensions ease and Fed policy shifts. Easing trade tensions on Chinese imports could send the ...

Wang Qing, chief macroeconomic analyst with Golden Credit Rating, said that the renminbi's exchange rate has fallen below the ...

BEIJING, Nov. 12 (Xinhua) -- The central parity rate of the Chinese currency renminbi, or the yuan, strengthened 33 pips to 7.0833 against the U.S. dollar Wednesday, according to the China Foreign ...

The Chinese yuan has depreciated by 4.8% since the start of the year, nearing a 15-year low against the US dollar, due to China's struggling economic recovery. Furthermore, the US Federal Reserve has ...

The Diplomat author Mercy Kuo regularly engages subject-matter experts, policy practitioners, and strategic thinkers across the globe for their diverse insights into U.S. Asia policy. This ...

Some investment houses expect the Chinese yuan to strengthen beyond the psychologically critical 7-yuan-per-dollar mark for ...

(Bloomberg) -- Never miss an episode. Follow The Big Take Asia podcast today. Talk of de-dollarization has been gaining momentum among China, India, Brazil, Russia and South Africa in the wake of ...