The orderly expansion of digital renminbi trials in China is expected to advance its research and development and wide-range applications, experts said on Apr.4, as the nation works to build a robust ecosystem for its digital currency, or e-CNY.
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2022-04-05 23:13:39
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The business volume of cross-border payments of the Chinese currency renminbi (RMB) grew rapidly in 2021, a report from the People's Bank of China showed.
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2022-04-03 23:18:21
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More digital renminbi trials are expected this year, including some in Zhejiang province, as part of China's efforts to build a robust ecosystem for its digital currency, experts said on Mar.25.
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2022-03-26 21:20:03
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While US-listed Chinese companies have seen their share prices tumble on Washington's tightening expectations, investors can still find opportunities in yuan-denominated assets to hedge risks amid mounting uncertainties in the global market
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2022-03-16 19:45:32
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Ever since June 2021, the renminbi has been performing strongly relative to the US dollar. It has been the first time for the Chinese currency to show such sustained performance against the US dollar since China introduced foreign exchange reforms in August 2015.
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2022-03-14 17:17:26
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China may roll out more legislative and administrative measures to improve renminbi cash services in a bid to meet still buoyant demand for cash use by certain demographics
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2022-02-26 23:58:36
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Renminbi retains fourth position on strong exports, world's confidence
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2022-02-18 17:45:21
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China's relatively strong currency, the renminbi, or yuan, was based on its good performance in its balance of payments in 2021.
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2022-02-07 17:58:22
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The cumulative amount of cross-border renminbi settlements in Southwest China's Yunnan province reached approximately 69.6 billion yuan ($10.9 billion) in 2021, according to a local branch of the country's central bank.
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2022-02-01 16:00:00
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Chinese financial regulators published new rules on overseas lending by domestic banks to facilitate the use of renminbi in such business and fend off risks in cross-border capital use on Jan.29.
