renminbi

New Business

Bybit crypto exchange says mainland Chinese can trade through VPN, but not with yuan

Bybit, a cryptocurrency exchange with Chinese roots that is now one of the world’s largest by trading volume, said mainland…

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New Business

Exclusive | Credit Agricole bolsters Asia expansion from Hong Kong, undeterred by Trump’s trade war

French banking giant Credit Agricole CIB is committed to using Hong Kong as a base to expand its business in…

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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

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

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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