Ethiopia became the latest this week in looking to convert at least part of the $5.38 billion owed to Beijing into ...

China is converting dollar debts owed by developing nations into yuan loans to expand global use of its currency.

A bigger global footprint for the yuan has become possible because China’s persistent deflation pressures and economic ...

“The net surplus in foreign exchange settlement indicates that inflows into China were picking up, helping to support the yuan, while exporter conversion has also accelerated,” said Khoon Goh, the ...

In addition, settling transactions in Yuan helps insulate China from the impact of currency fluctuations and shifts in US ...

In September, the yuan's share in global payments reached 3.17 percent, up from the previous 2.93 percent, according to SWIFT ...

PBOC sets high midpoint rate for yuan, separately reports slowdown in Chinese credit growth, as expectations rise for a US ...

China ramped up its support for the yuan on Wednesday, underscoring its commitment to foreign-exchange stability as a trade ...

USD/ CNY edged lower on Monday as Chinas yuan was supported by firmer-than-expected official guidance and optimism that trade ...

SHANGHAI: China’s yuan inched higher against the dollar on Monday, underpinned by persistently firmer-than-expected official ...

Hong Kong is the largest offshore yuan market worldwide, with 76 per cent of offshore yuan payments in August conducted in ...

Nexperia’s China unit restarted chip sales but now only accepts yuan payments. The Dutch government seized Nexperia and removed its Chinese CEO over security concerns. Beijing blocked exports, forcing ...