Yuan

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Can China’s yuan, now a familiar face around the world, become a must-have currency?

China’s growing economic influence and trade with the rest of the world has made the yuan more acceptable to foreign…

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China’s yuan volatility rising on interest rates, US presidential election: Goldman

The volatility of the Chinese yuan’s exchange rate with the US dollar is set to rise in the near term…

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Is China’s barter trade experiment working as sanctions risk grows?

They can also reduce the visibility that Western regulators have over their bilateral transactions, while also limiting currency risks. In…

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China’s low-altitude economy spreads its wings as struggling locales look skyward

The low-altitude economy is an integrated economic model that generally encompasses manned and unmanned activities within airspace below 1,000 metres…

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China to push supportive monetary policy as financial risks ease: central bank chief

The maturing debt of “most” of these financing platforms had either been extended, restructured or replaced, Pan said, adding that…

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Chinese builder Yuzhou seeks debt restructuring recognition in US

Yuzhou Group Holdings filed for Chapter 15 bankruptcy on Thursday in New York, a move by the defaulted property developer…

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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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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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Tech

AI demand returns Alibaba Cloud to company growth engine as e-commerce slows

AI investment has boosted the company’s revenue in search and recommendation scenarios, Chen said, and helped increase the frequency with…

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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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