currencies

New Business

China’s yuan hits internationalisation landmark with record share of global payments

Swift payment data is a major indicator for the relative status of international currencies. Other metrics include frequency of use…

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New Business

As China-Saudi ties develop, so will cross-border yuan use, ratings agency says

A deepening of economic relations between China and Saudi Arabia will advance the use of the yuan for oil purchases,…

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New Business

China’s interbank system promoted as safeguard against Swift consequences

China should promote its indigenous cross-border interbank system to reduce risks to its financial security, a senior researcher for a…

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New Business

Exclusive | Nobel-winning economist Michael Spence on China’s future in a tech-driven world

However, over time – partly because of China’s own growth and development and partly because of the growth of other…

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Tech

Opinion | US-China trade war could be the death knell for advanced economies

The US’ China containment strategy and its shift towards re-industrialisation are shrinking the market for competitive industries in high-income economies.…

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