China’s renminbi is lagging the currencies of key trading partners, making Chinese goods and services cheap and helping to ...
Caught between Beijing and the Trump administration, the International Monetary Fund offered mild criticism of China for ...
As the United States continues to impose widespread import taxes, one of its central economic rivals is making unprecedented ...
China is devising more ways for foreign institutions to use the yuan, as international confidence in the U.S. dollar falters. The moves aim at challenging the greenback, experts said, even as the U.S.
China's central bank reaffirmed its tough stance on virtual currencies on Saturday, warning of a resurgence in speculation and vowing to crack down on illegal activities involving stablecoins.
BANGKOK — China has been expanding use of digital currencies as it promotes wider use of its yuan, or renminbi, to reflect its status as the world’s second-largest economy and challenge the ...
China’s new bank loans rose less than expected in November, weighed down by a sharp slowdown in household borrowing amid a ...
Blog posts represent the views of CFR fellows and staff and not those of CFR, which takes no institutional positions. The daily Central Parity Rate (“fix”) is supposed to be the middle point in the ...
As a candidate, President Donald Trump repeatedly promised that he would declare China a currency manipulator immediately after he took office. Twelve weeks in, his mindset has apparently changed.
BANGKOK — China has been expanding use of digital currencies as it promotes wider use of its yuan, or renminbi, to reflect its status as the world's second-largest economy and challenge the ...
China is devising more ways for foreign institutions to use the yuan, as international confidence in the U.S. dollar falters. Stream Los Angeles News for free, 24/7, wherever you are. The moves aim at ...