Cross-Border Interbank Payment System

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China expands digital-yuan push to Singapore and Asean trade routes

In an effort to further promote the internationalisation of China’s currency, Beijing has pledged to expand the use of its…

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New Business

China rolls out plan to promote its own payment system as US trade war simmers

China has released an action plan to promote the use of the yuan and its own payment system in international…

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New Business

Opinion | China has a secret weapon in US trade war – the renminbi

The US’ “reciprocal tariffs” resemble an indiscriminate attack, hitting not only industrial nations like China and Japan but also highly…

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New Business

China’s plans for yuan unfazed by Trump’s pledge to protect ‘mighty US dollar’

China may need to exercise caution when promoting the overseas use of the yuan over the next four years, analysts…

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New Business

Yuan to catch up to China’s position in world’s economy: ex-official

Beijing would continue to advance the internationalisation of the yuan and further leverage Hong Kong’s role as a centre for…

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