China’s Communist Party sees U.S. dollar stablecoins as a growing global threat. A government report urges expanding digital ...
Human civilization doesn't get much more ancient than China, whose history dates back more than 5,000 years and whose global influence can be seen in everything from how people govern to what ...
1. China’s central bank vows to enhance yuan amid risks from strong US dollar China’s central bank has pledged to advance the cross-border use of the yuan and develop the offshore yuan market ...
China's finance ministry said on Wednesday it would issue up to 6 billion yuan ($829 million) of yuan-denominated sovereign ...
China's banks extended 1.01 trillion yuan ($139.66 billion) of new loans in February, well below analysts' forecasts, ...
The spot yuan opened at 7.2246 per dollar and was changing hands at 7.2295 at midday, 118 pips weaker than the previous late session close and 0.99% weaker than the midpoint. For the week, the ...
SHANGHAI: Chinese authorities are rolling out fresh measures to limit capital flight, including increased scrutiny of overseas investments, as the yuan currency comes under mounting pressure.
Stablecoin market cap reached $240 billion, with USDT and USDC dominating. China pushes e-CNY adoption to counter US dollar influence.