China has been trying to internationalize its currency for years to promote trade and investment, boosting the nation’s soft power. However, mixed signals stemming from recent RMB policies have ...

Xi Jinping pushes renminbi as a global trade and reserve currency; learn what reforms, market shifts and risks mean for ...

SHANGHAI, Nov. 8, 2019 /CNW/ -- The internationalization of China's currency renminbi (RMB) has advanced to a higher level, said experts attending a forum on RMB internationalization facilitating ...

Investing.com -- Despite some investors viewing stablecoins as a way to boost RMB’s global role, analysts at Bank of America said in a note that they are unlikely to be a major catalyst for the ...

Amidst all the background noise about possible trade wars and retaliatory measures, it seems like a good time to take a step back and reflect on one of the most emblematic representations of Chinese ...

When renminbi internationalisation was making rapid progress in 2011, some leading investment banks predicted that by the end of 2012 Hong Kong’s offshore RMB deposits would reach more than 1 trillion ...

Although not widely reported, China’s currency, the renminbi (RMB), has gradually penetrated Indonesia. A report by the Society for Worldwide Interbank Financial Telecommunication (SWIFT) also found ...

China is an economic giant. It is the world’s largest trading nation and is set to be the world’s largest economy as early as next year. Yet China’s financial relations with the rest of the world and ...