SHANGHAI/SINGAPORE (Reuters) – China is using loans agreed through its Belt and Road Initiative (BRI) to promote the yuan internationally, having already boosted the yuan’s share of global payments to…
SHANGHAI (Reuters) -China’s central bank said it will steadily and prudently push forward yuan internationalisation to promote a higher level of two-way opening up its financial markets. The People’s Bank…
TAIPEI – The war in Ukraine and Russia’s effective exclusion from the global currency system could be an opportunity for China to raise the profile of its currency in a…