Over the past year, the People’s Bank of China, which manages the renminbi’s exchange rate, has allowed a gradual ...

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

Investors are snapping up yuan credits and surging yuan lending is poised to overtake overseas dollar loans at Chinese banks as attractive pricing helps drive a sustained push by Beijing to put the ...

Government has clarified that the decision to allow the payment of some mining taxes in the Chinese currency, Renminbi also ...

China’s digital currency program has completed its first cross-border consumer payment using the digital yuan in Laos.

In yet another sign of growing global de-dollarization, Chinese mining companies in Zambia are now paying royalties and taxes ...

The People's Bank of China has officially transitioned its central bank digital currency (e-CNY) into a new era of "digital ...

China has deliberately kept the yuan stable in recent years, prioritizing currency credibility and controlled ...

The findings also add a nuance to the global currency war, which in some quarters is seen as a result of the Federal Reserve’s super-easy monetary policy stance and its desire to push the USD lower.

The North-Western Chamber of Commerce has welcomed Government’s decision to accept the Chinese currency the Yuan alongside ...

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