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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 Jobs

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 Jobs

Global use of China’s yuan up sharply, beating pound and yen on internationalisation index

Overseas use of the Chinese yuan grew significantly last year due to its pivotal role in global supply chains and…

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New Business Jobs

What do investment banks think of the Chinese Communist Party’s long-overdue third plenum?

One bright spot of the plenum was the government’s specific reference to China’s 2024 economic growth target, pegged at about…

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Tech

Hong Kong could spearhead China’s financial integration with world, digital yuan use: government officials

Hong Kong could play a leading role in easing China’s financial integration with the rest of the world amid Beijing…

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