China is seizing an opportunity to challenge American dominance in global finance and exert greater international influence ...
Xi Jinping has called for the renminbi to become a global reserve currency, in some of his clearest comments on his ambitions ...
By Ben Aris in Berlin President Xi Jinping issued his strongest call yet for China’s renminbi to become a global reserve ...
China’s President Xi Jinping has called for the renminbi to achieve global reserve currency status, “a powerful currency” ...
Xi Jinping said China wants the yuan to become a global reserve currency used in trade, investment, and official reserves.
The internationalisation of the renminbi has been held back by the Chinese government’s aversion to risk, says an economist, ...
As policy uncertainty in the US weighs on the dollar and raises questions about its status as the dominant reserve currency, it is also giving a fillip to China’s ambitions of currency ...
For years, Beijing has been under fire from Washington for not letting the renminbi appreciate against the dollar to its market-implied value, with US policymakers arguing China’s illiberal currency ...
One potential long-term casualty of continued political instability sown by the administration: America’s centrality to the ...