You Searched For "China s currency Renminbi" and got 20 results
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4 mins read
Chief strategists project their outlooks on stocks, bonds, currencies, and gold amid a Trump victory
Each sector reacted differently based on policy shift expectations.
Laila Maidan
3 mins read
Russia can rely on China for the yuan, but China can't rely on anyone else
China faces many limitations to de-dollarization and just can't copy Russia's sanctions-proofing pl…
Huileng Tan
2 mins read
China's quest to turn the yuan into a global currency isn't actually driven by domination. It's about sanctions.
In a recent global survey of 1,660 enterprises, many respondents said their trading partners were u…
Huileng Tan
4 mins read
This Asian currency performed much better than Rupee, and it's not Renminbi, Baht or Ringgit
While the sharp volatility in rupee movement has kept the market nervous, Finance Minister Nirmala …
2 mins read
China's yuan is making headway a global reserve currency, with 85% of central banks keen on holding the asset
Central banks think China's currency will benefit from a shift to a "multipolar" world, boosting th…
Harry Robertson
2 mins read
China's yuan will sink to a 2-year low in the months ahead as investors flock to the dollar, Bank of America says
China's slowing economy, the Fed's plans to rapidly hike rates, and rising commodities prices will …
Harry Robertson
1 min read
China and Saudi Arabia sign a $7 billion currency swap agreement, adding to de-dollarization push
The agreement marks the latest move to boost internationalization of the yuan in global finance in …
Aruni Soni
1 min read
Chinese state-run banks reportedly are looking to expand digital yuan usage to sales of investment funds and insurance
China Construction Bank has opened 7.23 million digital wallets for individual users, the South Chi…
Carla Mozée
3 mins read
'King Dollar' is in no danger of losing supremacy to the yuan or cryptocurrencies because of its dominance in trading, a chief economist says
"The reality is the dollar can't be avoided and it will remain the dominant currency in trading and…
Shalini Nagarajan
1 min read
China scrambles to show it can support the plunging yuan as the currency falls toward a 14-year low
China's central bank is battling to prop up the renminbi amid signs that the country's post-COVID e…
George Glover
4 mins read
3 reasons why even China doesn't want the yuan to replace the dollar as the world's reserve currency
The yuan is the dollar's most high-profile contender, against the backdrop of US-China tensions and…
Huileng Tan
4 mins read
3 reasons why even China doesn't want the yuan to replace the dollar as the world's reserve currency
The yuan is the dollar's most high-profile contender, against the backdrop of US-China tensions and…
Huileng Tan
2 mins read
China's yuan is set for its worst weekly drop against the dollar since 2015, as investors rush back to the US
"Foreign money leaving the China equity and bond markets is in danger of becoming a flood," one mar…
Harry Robertson
1 min read
China, Russia and India aren't developing a dollar rival, top official says: 'There's no idea of a BRICS currency'
India's foreign minister S. Jaishankar pushed back on the idea that the BRICS group of countries ar…
George Glover
3 mins read
Billionaire Ray Dalio says 'almost everybody is underweight on China' and gives advice on how to invest in the world's 2nd-largest economy
"Almost everybody is underweight on China if you look at any of the benchmarks relative to world ca…
Saloni Sardana
3 mins read
Trump's blame game with China on the origins of COVID-19 could spark a major 'currency war,' analysts warn
Analysts warn that rising tensions could devalue yuan which could then spark devaluations of other …
Saloni Sardana
2 mins read
The rise of cryptocurrencies could challenge the dominance of the US dollar, new Fed paper says
A new paper by the Federal Reserve detailed two other risks to the dominance of the US dollar: Euro…
Isabelle Lee
2 mins read
How China has helped Russia and Iran evade Western sanctions, according to a think tank
Beijing's oil market facilitates restricted trade for Russia and Iran, using "dark fleet" tankers t…
Yuheng Zhan
2 mins read
ChatGPT predicts US dollar dominance will give way to a multipolar currency system as China's yuan gains influence
In response to a question on whether the US dollar or the Chinese yuan would be dominant in the fut…
Brian Evans
2 mins read
China is doubling down on its bid to challenge the dollar's global dominance. Analysts lay out why it's unlikely to succeed.
"I'd rather be paid in US dollars than rand, real, rubles, rupees or yuans," Oanda analyst Jeff Hal…