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 ...
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 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.
Key Points and Summary - China's leadership, including Xi Jinping, is now openly admitting to a crisis of industrial "overcapacity," a problem they have termed "involution." -This counterproductive ...
14don MSN
China reportedly wants to do more deals in its own currency. Australia’s banks aren’t ready
The US dollar still dominates trade for now. But new research suggests Australia’s banks are unprepared for a world where China’s currency plays a much larger role.
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 ...
Kenya has converted part of its Chinese loans from U.S. dollars into renminbi (RMB), while Ethiopia is negotiating a similar arrangement. These conversions provide fiscal relief while embedding ...
Whatever one thinks of China, investors betting against it haven’t made much money over the last decade. Year after year, Asia’s biggest economy has an uncanny knack for making its numbers against all ...
BERLIN — On a cloudy day in mid-September, I biked across Germany's capital to meet up with Oliver Richtberg, a representative of the VDMA, at his organization's annual political conference. The VDMA ...
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