Both private banks and central banks, as well as financial markets, use its messaging system to conduct their transactions. The yuan is currently the fourth most used currency through the Swift ...
Analysts at BofA Securities expect the yuan will continue to weaken, "given subdued growth and PBOC's easing bias", but see the yuan at 7.38 per dollar by year-end, not 7.45 as they had previously ...
The Chinese yuan’s share in global payments hit a record high in July, a milestone in Beijing’s efforts to fend off the hegemony of the US dollar and increase its say in the international ...
the colors of nature, for tens of thousands of years to capture scenes of their lives and cultures, as rock paintings and murals vividly attest. Yuan Xiaolou has been experimenting with these ...