yuan internationalisation

Despite the increasing use of the currency globally, concerns about its convertibility and the country’s exchange…

Beijing has been trying to get more countries to use its currency for years, but until these hurdles are cleared,…

Bank of China report says more than 90 per cent of domestic and foreign firms believe ‘strongly’ using the yuan…

China has long been keen to promote the yuan overseas, as well as reducing its reliance on the US dollar, with the…

Bangladesh and Russia agreed to use the yuan to settle payment for a nuclear plant amid Beijing’s efforts to…

Any shift towards yuan settlement will be gradual as most Middle Eastern currencies are dollar-pegged, the global…

The tropical island of Hainan issued the first sustainable dim sum bonds by a Chinese provincial government as…

The yuan’s internaional use is still dwarfed by the US dollar, but China is seeking to explore currency settlements…

China’s plan to establish a yuan liquidity reserve pool with the Bank for International Settlements (BIS) could…