China is seizing an opportunity to challenge American dominance in global finance and exert greater international influence at the expense of the all-powerful US dollar.
Over 60% of foreign bank reserves are denominated in dollars. China's digital RMB could challenge the world's currency ...
Chinese leader Xi Jinping has called for the Chinese yuan to become a global reserve currency, perhaps capitalizing on the ...
By Ben Aris in Berlin President Xi Jinping issued his strongest call yet for China’s renminbi to become a global reserve ...
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 ...
BEIJING, Feb 6 (Reuters) - China vowed to further tighten its crackdown on virtual currencies on Friday and banned ...
China banned unauthorized yuan-pegged stablecoins and related tokenized assets to protect monetary sovereignty.
China reaffirms its crypto ban and expands measures against virtual currencies, stablecoins, and RWA tokenization.
China is lending less to Africa than it collects in repayments, redefining its relationship with the continent toward trade, ...
Donald Trump's campaign pledge to label China a currency manipulator has taken a zig-zagging journey during his tenure in the Oval Office. First, some background. A weaker yuan, relative to the U.S.