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

The Chinese economy has shown resilience despite external headwinds as the Trump administration ramps up its trade war, but ...

The local currency transactions made between Indonesia and Japan also reached $5 billion, Bank Indonesia says.

BEIJING -- The People's Bank of China, the country's central bank, has renewed a bilateral currency swap agreement with the ...

China’s central bank appears to be taking a more assertive stance in its push to expand the yuan’s role in the global ...

BHP Billiton’s agreement to settle 30% of its iron ore spot trades in Chinese Yuan marks a major shift away from dollar ...

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

Chinese leader holds talks with Mikhail Mishustin in Beijing on Tuesday, days after his summit with US President Donald Trump ...

The Taiwanese dollar’s rally is boxing in the island’s central bank, leaving it with limited room to intervene in order to ...

SHANGHAI, Jan. 16 -- China's state media on Monday reported that the country's foreign currency reserves swelled by more than one-third last year to a record $819 billion as its factories churned out ...