A new study by Standard Chartered pegs the primary drivers behind RMB’s growth in the region to energy settlements in the Middle East ...

As cross-border Chinese currency payments rise, we find evidence that a key U.S. financial sanctions tool may be weakening.

Beijing, China, Dec. 03, 2025 (GLOBE NEWSWIRE) -- The Russian Finance Ministry announced that it will issue government bonds denominated in RMB for the first time; subscription registration begins on ...

RMB internationalization is a systematic solution for China to effectively address the deepening impact of geo-economic risks in the world, which also contributes to stabilizing global markets as well ...

The Chinese currency renminbi (RMB), or the yuan, saw its share in global payments rise in August, according to a report. The RMB's global share was up from 3.06 percent in July to 3.47 percent in ...

When renminbi internationalisation was making rapid progress in 2011, some leading investment banks predicted that by the end of 2012 Hong Kong’s offshore RMB deposits would reach more than 1 trillion ...

Q1: What policy steps did China take yesterday? A1: On Tuesday morning China's central bank announced a two-part adjustment in its exchange rate policy. First, it stated although the central bank ...

China has been trying to internationalize its currency for years to promote trade and investment, boosting the nation’s soft power. However, mixed signals stemming from recent RMB policies have ...