Beijing’s central bank moved the yuan to its most powerful position against the American dollar in more than three years, ...

U.S. President Donald Trump is set to meet Chinese President Xi Jinping in May on his first visit to China in eight years.

An industrial policy of subsidies and import restrictions laid the foundations for China to become almost as dominant in wind ...

The BRICS alliance (Brazil, Russia, India, China, South Africa) is stockpiling gold, settling trade in local currencies and ...

The admission did not come in a vacuum. Iran is now taking Bitcoin as payment for ships passing through the Strait of Hormuz.

China’s bid to build a renminbi-based financial system beyond the U.S. dollar’s reach is gaining traction as a way to sidestep sanctions. Credit...Lincoln Agnew Supported by By Aaron Krolik Reporting ...

Xi Jinping, China’s leader, has said the country must have a “powerful” currency. The yuan is still far from that. But it is ...

China actively manages its currency as part of its economic strategy. The value of the yuan affects exports, trade, and growth. By controlling fluctuations, China aims to maintain stability. The ...

Treasury Secretary Scott Bessent said Wednesday that "many" U.S. allies in the Persian Gulf have requested currency swap lines amid economic turbulence from the war with Iran. Bessent spoke at a ...

Strong exports of electrical and mechanical products supercharged China’s economy in the first three months of the year, with growth exceeding analysts’ expectations even as the Iran war upended ...

Circle CEO Jeremy Allaire told Reuters in Hong Kong that there is a "tremendous opportunity" for a yuan-backed stablecoin, predicting China could roll one out within three to five years as digital ...