On this episode of China Field Notes, Scott Kennedy speaks with Yuan Haiying, one of the pioneers of the government affairs profession in China. Yuan explains the origins of the industry, how it has ...

"Trading in yuan is convenient for both Russia and China," Maia Nikoladze, associate director at the Atlantic Council think tank's GeoEconomics Center, told DW. "Russia does not have too many ...

It’s likely to narrow investment options for global investors in China as a sluggish economy and geopolitical tensions hurt sentiment in yuan assets. “Foreign inflows should have slowed a lot ...

China's central bank, the People’s Bank of China (PBOC), actively intervenes to prevent this imbalance between the U.S. dollar and yuan in local markets. It buys the available excess U.S ...

That forced Moscow to shift its remaining reserves to currencies not controlled by the West, including the Chinese renminbi (RMB) of which its principal unit of measurement is called the yuan. The ...

BEIJING, 14th September, 2024 (WAM) -- China's yuan-denominated loans rose by 14.43 trillion yuan (about US$ 2 trillion) in the first eight months of the year, central bank data showed on Friday.

Yuan usage has been on the rise since Russia was ejected from the US dollar system after its invasion of Ukraine in February 2022. A vast majority of China and Russia’s US$240 billion trade last ...

SHANGHAI: China’s yuan held steady on Thursday against the dollar, which climbed overnight after data showed higher-than-expected US core inflation, while traders looked to a slew of domestic ...

SHANGHAI (Reuters) -Having spent all year trying to put a floor under the tumbling yuan, China's central bank is suddenly faced with the opposite problem and is turning to subtle ways to stop the ...

SHANGHAI, Aug 23 (Reuters) - China's yuan inched higher against a softer dollar on Friday and looked set for the fifth straight weekly gain, its longest winning streak in more than three years.