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China could globalize the yuan in a challenge to the US dollar’s dominance

  Former Chairman of Goldman Sachs Asset Management, Jim O’Neill, said China could use its currency to gain an edge over the U.S. — but...

Yuan Watchers Say 7 Is No Longer a Sticking Point for China

  Yuan watchers arguing that China shouldn’t be scared of the currency breaking 7 a dollar are being emboldened by a former central bank official’s...

China promotes use of yuan among Southeast Asian nations

  China published a five-year blueprint on Friday seeking economic and financial integration between southern Guangxi province and Southeast Asia, representing Beijing's latest effort to...

Devaluation of yuan still a threat despite Xi’s promises

  Xi Jinping’s big trade speech on Tuesday was music to Donald Trump’s ears. The Chinese president pledged to open Asia’s biggest economy, cut tariffs and strengthen...

Beijing’s e-commerce transactions to surpass 2.5 trillion yuan in 2018

  Beijing Municipal Commission of Commerce has said that e-commerce transactions in the city are expected to exceed 2.5 trillion yuan (385 billion U.S. dollars)...

China’s yuan continues weakening on dollar strength

  China's yuan weakened against the greenback for the seventh trading day in a row, the longest stretch in nearly two months. The central parity rate...