As it has attempted to internationalise the yuan and escape the grip America has on the financial system—demonstrated by ...
Beijing has become a vocal supporter of the de-dollarization of global trade, but these efforts are doomed to fail unless ...
If you think Jerome Powell and Kazuo Ueda are having a rough 2024, consider the plight of their central banking counterpart ...
China's CBDC app has achieved 180 million personal wallets and ¥7.3 trillion in transactions- a major milestone in digital ...
China has entered into more than 30 bilateral currency swap agreements since December 2008. As of May 15, 2015, the total value of effective currency swap agreements was RMB 2.9 trillion (US$ 468 ...
China stimulus and the start to the Fed's cutting only add to emerging market bonds' strong momentum heading into the end of ...
The foundations of multilateralism are being laid. The road is long, the will is strong, and the BRICS countries are firmly ...
Its economy deteriorated due to the excess supply of its currency, leading to high interest rates. Will the same happen to the U.S. if China decides to offload its U.S. debt holdings? It's worth ...
China is also succeeding in transitioning ... making payment in the currency more efficient. Assess the global competitive value and reach of the RMB vis-à-vis the USD and euro.
Without a map, and a way of understanding why a new direction is needed, we may miss the nature of modern evolution.
A Treasury official will call for greater transparency over emergency currency “swap” loans to struggling countries by China’s central bank. By Alan Rappeport Reporting from Washington The ...
China’s central bank is giving out swap lines like M&Ms, Benn Steil and Elisabeth Harding write in a guest commentary.