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

DUBAI - Officials from the Central Bank of United Arab Emirates (CBUAE), the Central Bank of China and the Agricultural Bank ...

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 ...

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 ...

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 ...

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 ...

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

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 ...

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 is on course for its largest annual fall on record against the dollar despite Beijing taking its ...

U.S. Treasury Secretary Timothy Geithner certainly thinks so. So do Democratic Senator Chuck Schumer and Republican Presidential hopeful Donald Trump. They all point to the massive trade deficit that ...