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

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

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

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

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

The East African nation and fellow Brics member is the latest country to seek a switch, accelerating the yuan’s ...

China is converting dollar debts owed by developing nations into yuan loans to expand global use of its currency.

According to the analysts, the Chinese yuan’s internationalisation is firmly in progress, driven by rising trade settlement in CNY and increasing foreign borrowing in the currency. “ Spot turnover in ...

A smaller intervention cushion poses a challenge for Taiwan's central bank, with its currency forecast to rally further as ...

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