Tags Renminbi internationalisation

Tag: Renminbi internationalisation

Economy

New Copper Futures Expected to Drive Internationalisation of the Renminbi

CBNEditor - December 8, 2020 0

China hopes that the launch of new copper futures will drive further internationalisation of the renminbi given the country's existing clout on...

Banking

Chinese Central Bank Signals Further Improvements to Cross-border and Offshore Renminbi Settlement Measures

CBNEditor - November 13, 2020 0

The People's Bank of China (PBOC) has signalled further measures to facilitate the internationalisation of the Chinese currency.

Economy

Renminbi Internationalisation Will Be Guided by the Market, Regulators Must Reduce Cross-border Restrictions: Chinese Central Bank Head

CBNEditor - October 26, 2020 0

The governor of the People's Bank of China (PBOC) has highlighted the key role of market forces in broader efforts to expedite...

Economy

Zhou Xiaochuan Weighs in on Internationalisation of the Renminbi at 2020 Financial Street Forum

CBNEditor - October 23, 2020 0

Zhou Xiaochuan, the former head of the Chinese central bank, has voiced his opinions on the near-term prospects for the internationalisation of...

Economy

Chinese Central Bank Digital Currency Seen Driving Cross-border Payments, Renminbi Internationalisation

CBNEditor - October 20, 2020 0

Chinese experts see the central bank digital currency (CBDC) as a vital means of facilitating cross-border transactions and expediting the internationalisation of...

Economy

China Targets 4 “Pain Points” of Cross-border RMB Transactions to Drive Foreign Trade

CBNEditor - September 23, 2020 0

The Chinese central government hopes to improve foreign trade and investment by focusing on the resolution of four major "pain points" when...

Economy

Over 1000 Financial Institutions Expected to Join China’s Renminbi Cross-border Payments System by End of 2020

CBNEditor - September 7, 2020 0

The number of financial institutions that are part of China's Cross-Border Interbank Payment System (CIPS) is expected to breach 1,000 in total by the...

Economy

Renmin U. Professor Says US Dollar Credibility Damaged by COVID-19, Outlines Roadmap for Yuan Internationalisation

CBNEditor - August 18, 2020 0

The Chinese central bank has just released the "2020 Renminbi Internationalisation Report" (2020年人民币国际化报告), stoking further discussion in official circles about efforts to...

Economy

Are China and Russia Pursuing a “Financial Alliance” to Achieve “Dedollarization?”

CBNEditor - August 13, 2020 0

Analysts say China and Russia have dramatically scaled down bilateral trade settlement in the greenback, as they pursue a "financial alliance" that...

Banking

Internationalisation of the Renminbi Will Require Digitisation: BOCOM Head Liu Jun

CBNEditor - July 27, 2020 0

The head of one of China's big state-owned banks said that digitisation of the renminbi will be a necessary part of efforts...

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Tag: Renminbi internationalisation

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