Xi Jinping says the goal of becoming an international powerhouse is a long-term one and will rest on core foundations.

Decision to repay loans and import costs directly to China in Chinese currency is practical rather than political, experts say.

China is lending less to Africa than it collects in repayments, redefining its relationship with the continent toward trade, ...

China wants a slow, managed move in its currency. The market—and China’s trading partners—may not be as patient.

China set its benchmark yuan exchange rate against the U.S. dollar below the psychologically significant 7-yuan level for the ...

China has upgraded the digital Yuan to pay interest, marking a shift in CBDC design with implications for banks, payments, ...

BANGKOK — China has been expanding use of digital currencies as it promotes wider use of its yuan, or renminbi, to reflect its status as the world's second-largest economy and challenge the ...

Zambia is the first African country to let Chinese mining companies pay taxes in yuan. It probably won’t be the last, as ...

In recent weeks, a cluster of news reports and commentary has drawn attention to China’s accelerating efforts to internationalize the renminbi (RMB). At the Lujiazui Forum in Shanghai, The New York ...

BANGKOK — China has been expanding use of digital currencies as it promotes wider use of its yuan, or renminbi, to reflect its status as the world’s second-largest economy and challenge the ...