China’s central bank is quietly buying massive gold, building mBridge + Shanghai’s gold network to bypass the ...

When the U.S. dollar loses its monopoly on pricing the world’s critical resources, Americans’ purchasing power weakens.

Caught between Beijing and the Trump administration, the International Monetary Fund offered mild criticism of China for ...

Issuance of offshore yuan bonds rose to another record, a fresh sign of Beijing’s progress on internationalizing its currency ...

BANGKOK — 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 and challenge the ...

China’s pause on Hong Kong stablecoins lays bare a simple truth — digital finance can evolve in China, but only on terms that ...

Currency sees wider use in trade, but high domestic savings and partial capital controls still act as constraints, analysis shows The yuan has strengthened in recent months, with the offshore rate ...

China is devising more ways for foreign institutions to use the yuan, as international confidence in the U.S. dollar falters. The moves aim at challenging the greenback, experts said, even as the U.S.

In recent weeks, a cluster of news reports and commentary has drawn attention to China’s accelerating efforts to internationalize the renminbi (RMB). At the Lujiazui Forum in Shanghai, The New York ...

Blog posts represent the views of CFR fellows and staff and not those of CFR, which takes no institutional positions. The daily Central Parity Rate (“fix”) is supposed to be the middle point in the ...

BANGKOK — 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 and challenge the ...