A Chinese clerk counts renminbi yuan banknotes in Nantong, East China's Jiangsu province. [Photo/IC] The internationalization of the Chinese yuan, or the renminbi, is a continuous endeavor that is ...

Campanella, Edoardo, and Meg Rithmire. "What Future for the Renminbi in the Global Monetary System?" Chap. 7 in U.S.-China Relations for the 2030s: Toward a Realistic Scenario for Coexistence, edited ...

But among the currencies of the six largest economies in the world, China’s renminbi is the only one that is not traded easily and accepted worldwide—that is, it is not a hard currency. China’s ...

In support of renminbi internationalization, Beijing announced plans to develop Shanghai as a global financial center and established offshore yuan trading hubs in Hong Kong, Singapore and London.

Competing tariffs could lead to monetary mischief of the first water.

While China could offset American tariffs by letting its currency fall, that might endanger Beijing’s recent efforts to ...

Oxford University Press, 2016, 344 pp, $29.95 (hardcover). Such is the scope and range of Eswar Prasad’s new book Gaining Currency: The Rise of the Renminbi. In it, the author capitalizes on the ...

In settling trade in renminbi, many companies accept CNY payments from Chinese importers and change that into dollars at the more attractive offshore rate. And borrowing costs are much cheaper in ...

Live news: China fixes renminbi at weakest level in more than a year on facebook (opens in a new window) Live news: China fixes renminbi at weakest level in more than a year on linkedin (opens in ...

Baidu, the Chinese tech giant, reported mixed third-quarter results on Thursday, causing its shares to drop by 5.5% in ...