China's de-dollarisation mission: Xi calls for making yuan a global reserve currency

Amid global economic uncertainties, Chinese President Xi Jinping said the country needs to build a ‘strong currency’ and aims ...

Yuan hits fresh 32-month high as dollar tumbles, PBOC boosts guidance

HONG KONG, Jan 28 (Reuters) - China's yuan touched a new 32-month high against the U.S. dollar on Wednesday after Beijing ...

Yuan expected to rise in 2026, but Beijing has its reasons for saying not so fast

Booming exports are pushing up China's currency and while analysts think authorities will resist further gains, risks are to the upside and could test the country's fragile economy.
U.S. News & World Report

Debt Boom Signals Yuan's Arrival as a Funding Currency

HONG KONG, Dec 19 (Reuters) - Investors are snapping up yuan credits and surging yuan lending is poised to overtake overseas dollar loans ‌at Chinese banks as attractive pricing helps drive a ...
Business Insider

China sees the transition to green energy as a chance to elevate the yuan and dedollarize key markets

Chinese policymakers see the global energy transition as a pathway to boost the yuan, Zongyuan Zoe Liu wrote. China's currency is used in key commodity markets that are essential in decarbonizing. Its ...
Business Insider

The Chinese yuan surged to a 16-month high, but Beijing may not be happy about it

China's stimulus package has boosted market sentiment and pushed the Chinese yuan to a 16-month high. The People's Bank of China cut interest rates and reduced bank reserve requirements. But a strong ...