China has released an action plan to promote the use of the yuan and its own payment system in international…
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The US’ “reciprocal tariffs” resemble an indiscriminate attack, hitting not only industrial nations like China and Japan but also highly…
Read More »China’s central bank said on Thursday that it was looking into creating more structural tools to support innovation, domestic consumption…
Read More »Wharf Real Estate Investment Co, one of Hong Kong’s biggest commercial landlords, said earnings tumbled last year as revenue from…
Read More »Bybit, a cryptocurrency exchange with Chinese roots that is now one of the world’s largest by trading volume, said mainland…
Read More »French banking giant Credit Agricole CIB is committed to using Hong Kong as a base to expand its business in…
Read More »Swift payment data is a major indicator for the relative status of international currencies. Other metrics include frequency of use…
Read More »A deepening of economic relations between China and Saudi Arabia will advance the use of the yuan for oil purchases,…
Read More »Overseas use of the Chinese yuan grew significantly last year due to its pivotal role in global supply chains and…
Read More »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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