Pakistan’s launch of Panda bonds is not just a financial transaction but a strong message that Pakistan is ready for ...

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

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

The International Monetary Fund (IMF) pressured Kenya to settle its SGR loans in Chinese yuan, shifting from US dollars.

HONG KONG: Chinese yuan edged lower against the US dollar on Friday and was on track to post its first weekly decline in a ...

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 ...

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

Ethiopia and Kenya may become Africa’s first countries to repay Chinese loans in Beijing’s currency. It’s the latest in a ...

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

Indonesia has successfully completed the issuance of its first-ever government bonds (SBN) denominated in Chinese renminbi, ...

Instead, the meeting confirmed the curious direction of U.S. China policy in Trump’s second term. The president has not only broken with the policy of the Biden administration but also seems to have ...

Turkish Airlines secures RMB 2.9bn five-year financing from Bank of China to support fleet and infrastructure expansion under ...