Caught between Beijing and the Trump administration, the International Monetary Fund offered mild criticism of China for ...
Currency sees wider use in trade, but high domestic savings and partial capital controls still act as constraints, analysis shows The yuan has strengthened in recent months, with the offshore rate ...
In well-connected circles within China, the yuan’s persistent weakness is increasingly being seen as an obstacle to the ...
and a senior fellow at the Asia Society Policy Institute’s Center for China Analysis. There are many reasons to lie awake worrying about the Chinese economy. A big devaluation of the yuan is not one ...
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 has just completed its first trade of liquefied natural gas (LNG) settled in yuan, the Shanghai Petroleum and Natural Gas Exchange said on Tuesday. Chinese state oil and gas giant CNOOC and ...
Meanwhile, in January 2025, Bank Indonesia and the People’s Bank of China renewed their bilateral currency swap arrangement ...
Trading has surged to a nine-year high in China’s onshore swaps market, an increasingly popular one-stop-currency-shop for everyone from foreign to local to state banks and corporates, all happy to ...
Blog posts represent the views of CFR fellows and staff and not those of CFR, which takes no institutional positions. I have a new article in the China Project laying out China’s shadow ...
Sen. Charles E. Schumer, D-N.Y., and two Republican colleagues leave for a six-day trip to China later this week to discuss currency issues with Chinese leaders, and inspect port security measures, ...
May 17, 2005 — -- The Treasury Department's semi-annual report to Congress on foreign exchange released today called for change in China's policy of linking its currency (the yuan or renminbi) to ...
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 ...