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Offshore issuance of renminbi debt — known as “dim sum” bonds because most are issued in Hong Kong, where the Cantonese ...
Nio Inc. (NYSE:NIO) is one of the best high growth consumer stocks to buy now. On August 16, Morgan Stanley said that it ...
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.
The $250 billion stablecoin market, dominated by Tether’s USDT ($158 billion) and Circle Internet’s (NYSE:CRCL) USDC ($62 ...
20h
bne IntelliNews on MSNKenya asks China’s approval to convert dollar-denominated $5bn railway loan into yuan
By Brian Kenety Kenya is in talks with China – the East African country’s biggest bilateral lender – to convert a ...
China has long aspired for the renminbi to achieve global currency status, akin to the US dollar or euro, reflecting its weight as the world’s second-biggest economy. However, its tight capital ...
Beijing may be mulling plans to boost internationalisation of the country’s currency via yuan-backed tokens in Hong Kong. Use ...
18h
TipRanks on MSNZhong Hua International Holdings Projects Profit Turnaround for 2025
An update from Zhong Hua International Holdings Limited ( ($HK:1064) ) is now available. Zhong Hua International Holdings Limited has announced a ...
Chinese EV maker XPeng said Tuesday that it narrowed its losses as revenue more than doubled in the second quarter. XPeng ...
The renminbi or RMB is the national currency of China, the arch rival of the U.S. in trade. As the Trump administration ...
The renminbi’s prospects as a global currency will be shaped by a broader range of policies, especially those related to financial market development, exchange rate flexibility, and capital account ...
But is the renminbi really as undervalued as Geithner, Schumer, Trump and many others say? If you look at it solely through American eyes, it certainly seems that way. But when you look at it on a ...
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