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 ...

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

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

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

We frequently get questions about the difference between the onshore (CNY) and offshore (CNH) renminbi market. Remember, the offshore renminbi came about as China began trying to internationalize its ...

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 ...

The Chinese currency is on track to become more important globally, but is unlikely to challenge the dollar anytime soon THE Chinese economy is now the world’s second largest and a key driver of ...

Christina Majaski writes and edits finance, credit cards, and travel content. She has 14+ years of experience with print and digital publications. Pete Rathburn is a copy editor and fact-checker with ...

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 ...

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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 ...