China now settles nearly a third of its $6.2 trillion trade in yuan instead of dollars — up from 20% in 2022. But economic ...

The International Air Transport Association (IATA) will be adding the Renminbi (CNY) as one of the settlement currencies ...

China now settles nearly a third of its $6.2 trillion trade in yuan instead of dollars — up from 20% in 2022. But economic ...

With minimal depreciation and more frequent use overseas, the yuan has shown greater resilience in this round of the US trade ...

The central parity rate of the Chinese currency renminbi, or the yuan, weakened 16 pips to 7.0901 against the U.S. dollar Wednesday, according to the China Foreign Exchange Trade System.

In Kenya and Ethiopia, China is using debt distress as a strategic opening to expand the RMB’s international use.

USD/CNY slips below 7.1 as trade tensions ease and Fed policy shifts. Easing trade tensions on Chinese imports could send the ...

BEIJING, Nov. 6 (Xinhua) -- The central parity rate of the Chinese currency renminbi, or the yuan, strengthened 36 pips to 7.0865 against the U.S. dollar Thursday, according to the China Foreign ...

Ethiopia and Kenya may become Africa’s first countries to repay Chinese loans in Beijing’s currency. It’s the latest in a ...

Swap from the US dollar comes amid difficult relations with Washington but is primarily driven by the Kenyan government’s domestic economic and political concerns rather than marking a major ...

China will support the inclusion of a renminbi counter under a stock connect scheme that would for the first time allow mainland investors to trade Hong Kong-listed stocks in yuan, the latest policy ...