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 pursuing a strategy of selective RMB integration – eschewing full capital account liberalization and avoiding a direct challenge to dollar hegemony. In recent weeks, a cluster of news reports ...

The world's most vital energy artery has been largely paralysed since the launch of US-Israeli strikes on Iran last month ...

(Reuters) -China is considering allowing the usage of yuan-backed stablecoins for the first time to boost wider adoption of its currency globally, sources familiar with the matter said, in a major ...

What changes when China’s leader finally states a reserve currency ambition explicitly? Xi Jinping has now done so, calling for the renminbi to attain global reserve currency status, not in a speech ...

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.

Yuan financing has never been as popular as it is now, with more countries and foreign companies tapping the market, in a sign that China’s ambition to internationalize its currency is bearing fruit.

China should increase imports and settle them in the yuan to balance its foreign trade, a move a former central bank adviser says will boost the Chinese currency’s usage globally. Foreign trade ...

U.S. Treasury Secretary Henry M. Paulson says he will push for more Chinese flexibility in allowing its currency to appreciate, saying it “doesn’t reflect reality.” A June 13 report from the U.S.

China is considering allowing the usage of yuan-backed stablecoins for the first time to boost wider adoption of its currency globally, sources familiar with the matter said, in a major reversal of ...