Given that China is now the world's largest exporter and second-largest economy, it is a matter of when, not if, the renminbi will be included in the International Monetary Fund's special drawing ...

China’s global renminbi lending surged 35% to a record RMB3.4 trillion as Beijing accelerates its de-dollarization push.

Last October, the International Monetary Fund officially added China’s currency, the renminbi, to the basket that makes up its Special Drawing Rights, the reserve asset in which the IMF denominates ...

It is no secret that China would like to convert the renminbi into an international currency and move away from the global dominance of the US dollar. After years of speculation and false starts, it ...

Weixin Pay has integrated with Thailand’s PromptPay, allowing Chinese tourists to make seamless renminbi payments at ...

As the renminbi's internationalization advances, more presence of the Chinese currency will be seen in the offshore market, with the dual counter model recently introduced in Hong Kong serving as one ...

As China's share of regional trade has grown so too has the importance of its currency, the renminbi, in international transactions. Since 2002, China’s share in East Asia’s trade has leapt from 10 ...

A bank staff counts Chinese currency Renminbi banknotes at a bank in Tancheng County of Linyi City, east China's Shandong province. [Photo/Xinhua] Use of the renminbi in global trade, investment and ...

Longtime readers know how much I respect and rely on the Gavekal group for thought-provoking research. They have a truly unique organization, one in which even junior analysts can question ...

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The renminbi is on course for its largest annual fall on record against the dollar despite Beijing taking its ...

BEIJING — Each journey of a thousand miles begins with a single step. Yet for the trek to turn the renminbi into a global currency, China is only just lacing up its boots. According to this skeptical ...

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The renminbi lost further ground against the dollar on Tuesday, putting pressure on China’s central bank to ...