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Beijing may be mulling plans to boost internationalisation of the country’s currency via yuan-backed tokens in Hong Kong. Use ...
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.
11h
TipRanks on MSNZhong Hua International Holdings Projects Profit Turnaround for 2025
An update from Zhong Hua International Holdings Limited ( ($HK:1064) ) is now available. Zhong Hua International Holdings Limited has announced a ...
The $250 billion stablecoin market, dominated by Tether’s USDT ($158 billion) and Circle Internet’s (NYSE:CRCL) USDC ($62 ...
13h
bne IntelliNews on MSNKenya asks China’s approval to convert dollar-denominated $5bn railway loan into yuan
By Brian Kenety Kenya is in talks with China – the East African country’s biggest bilateral lender – to convert a ...
Chinese EV maker XPeng said Tuesday that it narrowed its losses as revenue more than doubled in the second quarter. XPeng ...
The renminbi has reached its strongest level in more than two years, signaling Chinese dominance in manufacturing and giving President-elect Joe Biden breathing room. By Alexandra Stevenson HONG ...
Since 2009, internationalizing the renminbi has been an explicit goal of Chinese policy. Beijing therefore celebrated the renminbi’s addition to the SDR basket as evidence that it was making real ...
The U.K. will become the first Western government to issue renminbi-denominated sovereign debt, Chancellor George Osborne and Chinese Vice President Ma Kai jointly announced Friday. The bond will ...
The Debate Over Renminbi Policy Louis Gave January 21, 2016 One of the core tenets of Gavekal’s philosophy is that we embrace open debate. Rather than concealing the diversity of our analysis ...
Despite all the excitement about China's yuan announcement, MarketBeat is pondering a more pedestrian question: Exactly what do you call the Chinese currency?: Yuan or Renminbi?
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