It would take years for the yuan to unwind the dollar’s well-entrenched dominance over global transactions. Now that Washington and Beijing have reached a compromise on trade, currency concerns have ...
The Chinese yuan’s appreciation since April is unfolding at just the right pace to neutralize any benefits from holding higher-yielding dollars — and puts it on course to hit 7 against its US ...
China has long pushed back against digital currencies, but that might be changing. For years, Beijing’s position on digital assets seemed resolute: cryptocurrencies were a threat to financial ...
Chinese state media has cautioned against making one-way bets on the yuan, signaling growing official discomfort about the pace of recent gains in the currency. The yuan’s current trend is ...
Monday - Friday, 10:00 - 11:00 SIN/HK | 0400 - 05:00 CET Mitul Kotecha, head of Asia FX & EM Macro Strategy at Barclays, talks about Beijing's approach to the yuan, and how it's getting 'the best of ...