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China's quest to turn the yuan into a global currency isn't actually driven by domination. It's...
INSIDER via Yahoo News· 3 days agoThe yuan faces challenges in its globalization While the US and China's strategic competition points...
PBOC Explains Xi’s ‘Powerful Currency’ Idea, Vows Tech Support
Bloomberg via Yahoo Finance· 3 days ago(Bloomberg) -- China’s central bank said President Xi Jinping’s idea of a “powerful currency” is one...
The West is completely unprepared for Xi Jinping’s next masterstroke
The Telegraph via Yahoo News· 3 days agoThe Chinese People’s Liberation Army last week launched a series of military drills around the...
China’s yuan seeks to challenge the US dollar. But traders don’t want to use it
South China Morning Post· 4 days agoApproximately 71 per cent are private businesses, 13 per cent are state-owned enterprises, and 15...
China unveils plan to keep officials' noses clean in campaign to control financial risk
South China Morning Post via Yahoo Finance· 6 days agoChina's Politburo - a high-level decision-making body of the country's Communist Party - reviewed a pilot accountability mechanism for financial de-risking on Monday, the latest offensive in ...
Asia FX weakens as China PMIs disappoint; Dollar steady before PCE data
Investing.com via Yahoo Finance· 2 days agoInvesting.com-- Most Asian currencies drifted lower on Friday, with the Chinese yuan moving back towards six-month lows after disappointing business activity readings, while the dollar steadied in anticipation of key inflation data.
Building Resilience in the Developing World | by Erik Berglöf - Project Syndicate
Project Syndicate· 5 days agoIn its latest World Economic Outlook, the International Monetary Fund notes in passing that the...
Asia FX weakens as rate fears boost dollar; yuan at weakest in 6 months
Investing.com· 4 days agoInvesting.com-- Most Asian currencies weakened on Wednesday, with the Chinese yuan touching its...
IBanFirst Analysts Say Strong Dollar May Remain Problem For China And Other Global Markets |...
Crowdfund Insider· 6 days agoEvery economic cycle has its “currency war,” according to an update from iBanFirst. In the 1930s, major global economies “resorted to competitive devaluations to recover the ...
Solve China's 'overcapacity problem' by helping developing nations go green, central bank adviser...
South China Morning Post via Yahoo Finance· 5 days agoTo help developing countries expedite their green transition while simultaneously digesting China's industrial overcapacity and enhancing the internationalisation of its financial sector, < ...