Saturday, March 6, 2021
Tags Yuan internationalisation

Tag: Yuan internationalisation

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

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

Rising Yuan Provides Outstanding Conditions for RMB Internationalisation

The offshore Chinese yuan has risen to its highest level in 20 months, providing the People's Bank of China with opportune conditions for firming...

Central Bank Shores Up Cross-border RMB Settlement for Foreign Investors

The People's Bank of China has expanded support for cross-border settlement in the renminbi as part of efforts to facilitate overseas investment and trade. On...

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China UnionPay Enters Agreement with Malaysian Local Government on Mobile Payments Tool

Chinese payments giant UnionPay is further expanding its overseas reach with a new mobiles payments cooperative deal in Malaysia, amidst broader efforts...

Data Emerges as Key Topic at China’s 2021 Two Sessions Meeting, Delegates Call for National Data Platform, Data Sharing by Tech Giants

Data protections and data sharing have emerged as pivotal topics at China's Two Sessions congressional event for 2021, with delegates calling for...

China’s Market for Government Blockchain Projects Booms

Efforts by Chinese local governments to improve public service offerings are playing an increasingly important role in driving the growth of the...

China Reiterates Commitment to Curbing Speculative Investment in Property

A senior official from China's Ministry of Housing and Urban-Rural Development (MOHURD) has reaffirmed its long-standing commitment to keeping a tight lid...