USD/CNY slips below 7.1 as trade tensions ease and Fed policy shifts. Easing trade tensions on Chinese imports could send the ...

In Kenya and Ethiopia, China is using debt distress as a strategic opening to expand the RMB’s international use.

Arab world's small and medium businesses (SMEs) will be able to save billions of dollars by switching to Chinese Renminbi (RMB) for trading with the world's second largest economy, according to a ...

China now settles nearly a third of its $6.2 trillion trade in yuan instead of dollars — up from 20% in 2022. But economic ...

Move expected to cut Kenya’s annual debt-servicing costs by US$215 million also fits into China’s broader goal of yuan ...

Swap from the US dollar comes amid difficult relations with Washington but is primarily driven by the Kenyan government’s domestic economic and political concerns rather than marking a major ...

The Diplomat author Mercy Kuo regularly engages subject-matter experts, policy practitioners, and strategic thinkers across the globe for their diverse insights into U.S. Asia policy. This ...

Stratton Street’s Renminbi Bond Fund has generated 23% in returns to end-October by investing in dollar bonds from Asian countries with net foreign assets (NFA) of more than 50% of GDP, and using ...

Most Asian currencies traded in tight ranges on Friday, showing limited gains despite a weaker U.S. dollar, as market ...

The Chinese offshore yuan rose to a more than one-month high against the dollar of 7.1015. Australian dollar was last up 0.63 ...

The dollar’s drop this year has received justified attention, falling eight percent through June 30 on a broad index and a bit more versus major currencies. A long-term driving force could be ...