The People's Bank of China is transferring the digital yuan from cash to deposits. ・The PBOC reportedly said interest on ...

BANGKOK — China has been expanding use of digital currencies as it promotes wider use of its yuan, or renminbi, to reflect its status as the world’s second-largest economy and challenge the ...

In Focus delivers deeper coverage of the political, cultural, and ideological issues shaping America. Published daily by senior writers and experts, these in-depth pieces go beyond the headlines to ...

May 17, 2005 — -- The Treasury Department's semi-annual report to Congress on foreign exchange released today called for change in China's policy of linking its currency (the yuan or renminbi) to ...

SHANGHAI/HONG KONG (Reuters) -Chinese investors are piling into Hong Kong shares lured by lower valuations and the city's strategic position in China's growing rivalry with the United States. A record ...

In 2017, the Chinese government was the largest cryptocurrency market in the world. It is estimated that as many as 80 percent of all Bitcoin transactions were taking place in Chinese currency, the ...

The U.S. Treasury Department is urging financial institutions across the country to intensify monitoring of suspected Chinese money laundering operations that are helping fund the deadly flow of ...

This transcript was prepared by a transcription service. This version may not be in its final form and may be updated. Alex Ossola: Fed Governor Lisa Cook has filed a lawsuit against President Trump ...

President Barack Obama took his ongoing push against Chinese currency undervaluation, which imbalances U.S.-Chinese trade and contributes to the deeply problematic U.S. trade deficit, to this week's ...

At the conclusion of talks this month, Treasury Secretary Scott Bessent called money laundering “the result of fentanyl sales,” and said “both the People’s Republic of China’s government and the U.S.

CHINESE FIRMS have dominated almost every legal industry they have entered, from steel to ships, batteries to electric vehicles. They drive down costs and prices and cause no end of consternation in ...