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

China’s central bank appears to be taking a more assertive stance in its push to expand the yuan’s role in the global ...

With minimal depreciation and more frequent use overseas, the yuan has shown greater resilience in this round of the US trade ...

The Bank of Korea announced on the 3rd that it has renewed a won-yuan currency swap agreement with the People’s Bank of China ...

Exchange traded funds following the price movements of the Chinese yuan currency may be allowed a little more wiggle room as the People’s Bank of China loosens the trading restriction on its currency.

China is leveraging its position as the world’s largest creditor to help broaden usage of the yuan, offering overseas ...

China is pushing global use of the yuan to reduce the impact of potential Western sanctions. It aims to guard against sanctions in scenarios such as military conflict over Taiwan, a researcher says.

Ethiopia and Kenya may become Africa’s first countries to repay Chinese loans in Beijing’s currency. It’s the latest in a ...

The country is facing a drastic shortage in the US dollar, a major currency used in global trade. The Argentine peso has fallen nearly 80% against the greenback since the start of 2020. Argentina is ...