The yuan has the potential to become a safe-haven currency, a former central bank official said while calling for ...

BEIJING (Reuters) -Chinese banks extended 2.24 trillion yuan ($312 billion) in new loans in June, more than triple May's ...

Imagine opening your digital wallet not to see a bank card or a third-party app like Alipay, but official government-issued ...

Chinese banks extended 2.24 trillion yuan ($312.47 billion) in new loans in June, more than triple the amount in May and beating analysts' forecasts, as stimulus measures boosted credit demand during ...

BEIJING (Reuters) -China's yuan-denominated exports rose 7.2% year-on-year in June, while imports grew 2.3%, customs data ...

U GLY NUMBERS lurk in the books of China’s local governments. An annual audit released on June 24th showed that over 40bn ...

China is introducing ways to bolster yuan's usage as confidence in the U.S. dollar falters. Three major Chinese exchanges have allowed certain foreign institutional investors to trade more futures ...

The Chinese offshore yuan weakened to a record low of 7.4287 against the U.S. dollar earlier this week after the People's Bank of China set its midpoint rate at its weakest level since 2023.

The question of how far and quickly the yuan will fall depends on Beijing’s resolve in countering Donald Trump’s tariffs with stimulus measures.