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China has a secret weapon in US trade war – the renminbi - MSNRequiring Sino-US trade transactions in renminbi is a higher-level countermeasure with superior long-term strategic benefits, compared to raising tariffs on US products.
The Hong Kong arm of China's second-largest fund firm China Asset Management (ChinaAMC) rolled out on Thursday the world's first renminbi-denominated tokenised money fund.
A quick look at the complexities behind Beijing’s enduring Catch-22 situation with revaluing the Renminbi, despite advantages of a stronger currency.
The governor of China’s central bank outlined a plan on Wednesday for a global financial system that relies on several major currencies, not just the dollar, as Beijing steps up its campaign to ...
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China’s payment system gets boost from renminbi rise - MSNMore global financial institutions are joining China’s cross-border interbank payment system amidst the renminbi’s rise as a trade currency, according to financial analysts.
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