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Beijing may be mulling plans to boost internationalisation of the country’s currency via yuan-backed tokens in Hong Kong. Use ...
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.
Nio Inc. (NYSE:NIO) is one of the best high growth consumer stocks to buy now. On August 16, Morgan Stanley said that it ...
By Brian Kenety Kenya is in talks with China – the East African country’s biggest bilateral lender – to convert a ...
Since 2009, internationalizing the renminbi has been an explicit goal of Chinese policy. Beijing therefore celebrated the renminbi’s addition to the SDR basket as evidence that it was making real ...
The U.K. will become the first Western government to issue renminbi-denominated sovereign debt, Chancellor George Osborne and Chinese Vice President Ma Kai jointly announced Friday. The bond will ...
The Debate Over Renminbi Policy Louis Gave January 21, 2016 One of the core tenets of Gavekal’s philosophy is that we embrace open debate. Rather than concealing the diversity of our analysis ...
Despite all the excitement about China's yuan announcement, MarketBeat is pondering a more pedestrian question: Exactly what do you call the Chinese currency?: Yuan or Renminbi?
But is the renminbi really as undervalued as Geithner, Schumer, Trump and many others say? If you look at it solely through American eyes, it certainly seems that way. But when you look at it on a ...
On the last day of November, at the conclusion of its five-yearly review of the composition of the Special Drawing Rights (SDR), the IMF elevated the renminbi to its SDR basket. The RMB is now one of ...