renminbi

BRICS Eyes Petroyuan for Oil Trade Amid Dedollarization Push, Expert Says

BRICS nations are considering adopting the petroyuan for oil trade… More…

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Mainland China to ‘unban’ Bitcoin? Community says ‘unlikely’

Mainland China has repeatedly banned certain activities related… More…

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China central bank to cut reserve ratio for foreign exchange deposits 

China’s central bank plans to reduce the mandatory foreign… More…

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Chinese Yuan Not Serious Threat to US Dollar Hegemony, Says Economist

An economist has dismissed the Chinese yuan as a significant threat… More…

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Bank of China Expands Digital Yuan Testing to SIM Cards and NFC Payments

The state-owned financial institution Bank of China has revealed… More…

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China could benefit from yuan stablecoin over its CBDC — Circle CEO

China may have banned the use of cryptocurrencies, but stablecoins… More…

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JPMorgan Expects Dollar Dominance to Persist Even if China Overtakes US as World’s Largest Economy

JPMorgan’s strategists have explained that even if China … More…

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JPMorgan Expects Dollar Dominance to Persist Even if China Overtakes US as World’s Largest Economy

JPMorgan’s strategists have explained that even if China … More…

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Economist Discusses Viability of BRICS Currency — Says Pegging to Chinese Yuan Would Be ‘First Major Step’

An economist, who previously worked at the Bank for International… More…

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China doles out millions in digital yuan in bid to boost adoption: Report

Multiple Chinese city governments have given away millions worth… More…

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