Chinese leader Xi Jinping has called for the Chinese yuan to become a global reserve currency, perhaps capitalizing on the ...

Xi Jinping pushes renminbi as a global trade and reserve currency; learn what reforms, market shifts and risks mean for ...

China set its benchmark yuan exchange rate against the U.S. dollar below the psychologically significant 7-yuan level for the ...

Xi Jinping says the goal of becoming an international powerhouse is a long-term one and will rest on core foundations.

Decision to repay loans and import costs directly to China in Chinese currency is practical rather than political, experts ...

Investing.com - Bank of America has revised its end-Q3 and Q4 USD/CNY forecasts to 6.7 from the previous 6.8, citing recent Chinese yuan appreciation momentum supported by robust exports and firmer ...

Booming exports are pushing up China's currency and while analysts think authorities will resist further gains, risks are to the upside and could test the country's fragile economy.

Despite global uncertainties and domestic challenges, more Chinese cities and provinces crossed key gross domestic product ...

This yuan strength has the potential to be very important for the broader foreign exchange market, the U.S. bank said, amid ...

China set its daily reference rate for the yuan weaker than 7 per dollar in a sign the central bank is keen to slow the ...

JOHANNESBURG, Jan 21 (Reuters) - Chinese lending to Africa nearly halved to $2.1 billion in 2024, the first annual decline since the COVID-19 pandemic, as the country shifts to selective, strategic ...

Chinese metals markets have seen more than their fair share of scandal in recent years Read more at The Business Times.