One of China's big four state-owned banks will permit transactions using the renminbi on US e-commerce platforms according to a report from the state-owned...
The Chinese central bank has defended recent depreciation of the renminbi amidst ongoing trade tensions with the United States, and says it is determined...
China's foreign ministry has declared that the central government will not engage in "competitive devaluation" of the renminbi with the goal of propping up...
The head of the Chinese central bank has sought to reassure markets that the renminbi will be kept stable following recent volatility.
Yi Gang (易纲),...
A new report indicates that China's Belt and Road Initiative is driving the use of the renminbi abroad.
The report produced by China Construction Bank...
The Chinese central bank has launched new measures to expand cross-border capital flows amidst an ongoing push for greater financial sector opening from Beijing.
On...
The Chinese central bank has announced that it will step up efforts to further internationalisation of the renminbi as well as capital account convertibility.
Vice-governor...
China's state media has sought to assuage concerns that recent fluctuations in the RMB- USD exchange rate signal a concerted effort to depreciate the...