The leader of China’s central bank made a clear though indirect critique of the dollar’s role as the world’s main currency.

China’s top monetary official said the global financial system is moving away from the US dollar, and China wants to push the ...

China’s central bank governor has said he expects a new global currency order to emerge after decades of dominance by the US ...

China pushes digital yuan to reduce global reliance on the US dollar and promote a multipolar currency system amid rising ...

SINGAPORE] UOB and its wholly-owned subsidiary UOB China have become direct participants in China’s Cross-border Interbank ...

The USD/CNY exchange rate retreated from the year-to-date high of 7.3500 on April 10 to a low of 7.20 as traders focused on the trade relations between China and the United States. US and China trade ...

Financial Secretary Paul Chan on Friday said Hong Kong is speeding up the inclusion of renminbi counters in the Southbound ...

Generally, people seem open to it, but they also don’t see many good alternatives. The renminbi is the obvious candidate to take share away from the dollar, given the size of the Chinese economy ...

The debate about de-dollarization and renminbi internationalization is often muddled. Some analysts make maximalist claims about whether the dollar’s dominance will persist or perish. Others make ...

Iron ore producer Fortescue is raising a Rmb3.6bn (US$500m) five-year senior term loan in a move that could spur other ...