A stronger currency may be coming but policymakers in Beijing face two dilemmas that will limit their appetite for exchange ...
The People's Bank of China is transferring the digital yuan from cash to deposits. ・The PBOC reportedly said interest on verified e-CNY accounts will link the digital yuan to traditional deposits and ...
China's yuan is on track to reach 6.85 against the US dollar by the first three months of 2026, according to investment ...
China wants a slow, managed move in its currency. The market—and China’s trading partners—may not be as patient.
Investors are ramping up bets on China's stocks and currency as 2026 kicks off, signalling a more decisive shift into the ...
Analysts note how Beijing’s policy goals, such as internationalising China’s currency and curbing overcapacity, are aligning ...
Over the past year, the People’s Bank of China, which manages the renminbi’s exchange rate, has allowed a gradual ...
China's central bank, the People's Bank of China (PBOC), has unveiled a comprehensive action plan to elevate its central bank digital currency.
Global investment firms from Goldman Sachs Group Inc. to Bernstein Societe Generale Group have lifted their assessment of the ...
China’s digital currency program has completed its first cross-border consumer payment using the digital yuan in Laos.
The findings also add a nuance to the global currency war, which in some quarters is seen as a result of the Federal Reserve’s super-easy monetary policy stance and its desire to push the USD lower.
Goldman and Bernstein lift China equity views as valuations attract flows and the yuan strengthens past 7 per dollar.