For years, Chinese crypto investors have relied on USDT and other dollar-pegged stablecoins as a safe harbor from market ...

China is taking its first concrete steps toward developing stablecoins linked to the yuan, aiming to counter the rising global dominance of US dollar-backed tokens like USDT and USDC. While the ...

J.P. Morgan analysts are staying long the U.S. dollar/Chinese Yuan (USD:CNY), according to a Global Asset Allocation report. The U.S. dollar/Chinese Yuan (USD:CNY) continues to stay in the 7.25-7.27 ...

To borrow from the great JRR Tolkien, the USD/CNY story in April has been much like Bilbo Baggins’s autobiography from The Hobbit – There and Back Again. Ahead of the 'reciprocal' tariff announcements ...

The ongoing trade tensions between the United States and China are playing out throughout different forex markets as the dollar continues to lose value. But is a strengthened renminbi in China’s ...

BHP will begin settling 30% of its iron ore spot trades with Chinese buyers in Yuan starting Q4 2025, marking a historic departure from U.S. dollar pricing. The move follows pressure from Beijing, ...

The Diplomat author Mercy Kuo regularly engages subject-matter experts, policy practitioners, and strategic thinkers across the globe for their diverse insights into U.S. Asia policy. This ...

Russia has sold its first bonds denominated in Chinese renminbi, raising almost $3bn as it seeks to fund its invasion of ...

For policymakers and investors, the message is stark. The question is no longer whether the rupee, rouble, renminbi, real and ...

HANGZHOU, China--(BUSINESS WIRE)--Alibaba Group Holding Limited (NYSE: BABA and HKEX: 9988 (HKD Counter) and 89988 (RMB Counter), “Alibaba,” “Alibaba Group” or the “Company”) today announced (i) the ...

SHANGHAI/LONDON, Sept 15 (Reuters) - China's yuan traded offshore weakened to 7 per dollar in European hours on Thursday, as markets continue to test authorities' willingness to defend the symbolic ...