Over 60% of foreign bank reserves are denominated in dollars. China's digital RMB could challenge the world's currency ...

Chinese leader Xi Jinping has called for the Chinese yuan to become a global reserve currency, perhaps capitalizing on the ...

China is seizing an opportunity to challenge American dominance in global finance and exert greater international influence at the expense of the all-powerful US dollar.

By Ben Aris in Berlin President Xi Jinping issued his strongest call yet for China’s renminbi to become a global reserve ...

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

Chinese regulators have moved to tighten control over digital assets, banning the unauthorized issuance of yuan-pegged ...

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 ...

China is lending less to Africa than it collects in repayments, redefining its relationship with the continent toward trade, smaller-scale investment and wider use of its currency.

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 ...

Donald Trump's campaign pledge to label China a currency manipulator has taken a zig-zagging journey during his tenure in the Oval Office. First, some background. A weaker yuan, relative to the U.S.