When the U.S. dollar loses its monopoly on pricing the world’s critical resources, Americans’ purchasing power weakens.
China’s central bank is quietly buying massive gold, building mBridge + Shanghai’s gold network to bypass the ...
China’s renminbi is lagging the currencies of key trading partners, making Chinese goods and services cheap and helping to ...
Issuance of offshore yuan bonds rose to another record, a fresh sign of Beijing’s progress on internationalizing its currency ...
Caught between Beijing and the Trump administration, the International Monetary Fund offered mild criticism of China for ...
Once the world's largest financier, China has in recent years become its top debt collector as grace periods expire on billions of dollars in loans issued to the global south. This year, a record $22 ...
BANGKOK — China has been expanding use of digital currencies as it promotes wider use of its yuan, or renminbi, to reflect its status as the world’s second-largest economy and challenge the ...
China is devising more ways for foreign institutions to use the yuan, as international confidence in the U.S. dollar falters. The moves aim at challenging the greenback, experts said, even as the U.S.
China's central bank has upgraded a bilateral currency swap agreement to a long-term standing swap deal with the Monetary ...
China is devising more ways for foreign institutions to use the yuan, as international confidence in the U.S. dollar falters. Stream Los Angeles News for free, 24/7, wherever you are. The moves aim at ...
BANGKOK — China has been expanding use of digital currencies as it promotes wider use of its yuan, or renminbi, to reflect its status as the world's second-largest economy and challenge the ...