Chinese businesses and investors are primed for the yuan to stay steady for now and eventually depreciate as U.S. trade ...

The yuan became the most widely-used currency for cross-border transactions in China in March, overtaking the dollar for the first time, official data showed, reflecting efforts by Beijing to ...

China stood back from supporting the yuan for a third day, triggering a pullback, in a sign it may not yet be ready to draw a line in the sand for the weakening currency. The People’s Bank of ...

Last month, Argentina took another step towards strengthening its ties to the yuan, making part of a $2.7bn debt payment to the International Monetary Fund (IMF) in the Chinese currency.

The extent of China’s e-yuan tests since 2020 has made the country a global front runner in rolling out a fully state-backed digital currency. It has been a natural development, as China is the ...

China and Saudi Arabia signed a currency swap agreement worth around $7 billion. It's yet another push towards dedollarization as countries attempt to wean off use of the greenback.