China has fixed the renminbi at its strongest level against the dollar in 15 months, a move that analysts say signals its ...
A stronger currency makes imports cheaper, and aids China authorities’ long-term goal of internationalising the currency Read ...
Chinese mine operators in Zambia started paying royalties and taxes in yuan in Africa’s second-biggest copper producer, the ...
Binhai Investment Company Limited is a Bermuda-incorporated company listed in Hong Kong, operating through subsidiaries whose main business and assets are located in Mainland China and primarily ...
On Thursday, the offshore renminbi strengthened past the 7.0 level against the dollar for the first time since September 2024 ...
Learn how to use China's digital renminbi (e-CNY) for payments during your travels, including setup, limits, and where it's ...
Last October, the International Monetary Fund officially added China’s currency, the renminbi, to the basket that makes up its Special Drawing Rights, the reserve asset in which the IMF denominates ...
Simply sign up to the Currencies myFT Digest -- delivered directly to your inbox. China’s renminbi has surpassed the Japanese yen to become the world’s fourth-most-used payments currency, despite an ...
China's latest move to encourage renminbi settlement in cross-border e-commerce will help stabilize the operation of foreign trade enterprises and boost internationalization of the currency, experts ...
On the last day of November, at the conclusion of its five-yearly review of the composition of the Special Drawing Rights (SDR), the IMF elevated the renminbi to its SDR basket. The RMB is now one of ...
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