China’s unprecedented loan contraction in July marks a watershed moment for the world’s second-largest economy, signaling a profound shift in borrowing behavior that reflects deepening pessimism among ...
China is forcing the game to change. As the world’s largest lender, Beijing is now handing out favors… with strings. Countries deep in debt to China are being nudged into ditching the dollar, not by ...
China is introducing ways to bolster yuan's usage as confidence in the U.S. dollar falters. Three major Chinese exchanges have allowed certain foreign institutional investors to trade more futures and ...
・The People's Bank of China is transferring the digital yuan from cash to deposits. ・The PBOC reportedly said interest on verified e-CNY accounts will link the digital yuan to traditional deposits and ...
China’s central bank has revealed its plans to develop the capabilities and expand the reach of the digital yuan in 2026. The policy statement follows earlier reports of the first cross-border ...
China is about to turn its central bank digital currency from a quiet pilot into a fully fledged piece of the financial system, with 2026 set as the year the project stops being an experiment and ...
China’s central bank, the People’s Bank of China (PBoC), announced on Monday, December 29, that it will implement a new action plan to oversee the digital yuan. The bank explained that the initiative ...
The Chinese yuan is on track to reach 6.85 against the US dollar by the first three months of 2026, according to investment analysts at Morgan Stanley. The projection comes as the nation changes how ...
China ramped up efforts to internationalize the Yuan, taking advantage of declining global confidence in the U.S. dollar and expanding foreign investors’ access to domestic financial markets. In March ...
China now settles nearly a third of its $6.2 trillion trade in yuan instead of dollars — up from 20% in 2022. But economic imbalances and tight capital controls will keep the currency from truly ...
China is devising more ways for foreign institutions to use the yuan, as international confidence in the U.S. dollar falters. The moves aim at challenging the greenback, experts said, even as the U.S.