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 ...

China wants a slow, managed move in its currency. The market—and China’s trading partners—may not be as patient.

According to a 2025 report by the People's Bank of China, the RMB is now the world's third most-used currency for trade ...

China has deliberately kept the yuan stable in recent years, prioritizing currency credibility and controlled ...

Compare barter and currency systems. Discover why currency dominates modern trade and explore the evolution of digital ...

SHANGHAI/BEIJING (Reuters) -The head of China's central bank pledged to expand the international use of the digital yuan and called for the development of a multi-polar global currency system, where ...

China's central bank injected a near record-high amount of liquidity into the banking system to help meet demand for cash even as it looks to support the yuan. The People's Bank of China on Wednesday ...

“Short essays” appear to be causing big problems in China’s bond market. Over the past year the term has been used to refer to rumours swirling around financial hubs, which often originate with brief ...

China’s suspension of Hong Kong’s stablecoin rollout underscores that financial innovation cannot stray beyond the political boundaries of ‘one country two systems’, especially where monetary ...

Over history, the world has adopted the currency of the leading country for global payments. The USD is, arguably, the first global currency untethered from precious metals. Despite external ...