News

Chinese businesses and investors are primed for the yuan to stay steady for now and eventually depreciate as U.S. trade ...
A lengthy article in The Wall Street Journal, China creates its own digital currency, a first for major economy, outlines the likely impact of Beijing’s initiative and the strategic ...
Beneath the billions in goods traded annually lies a complex world of capital flows, interest rate dynamics, and currency maneuvering.
China is grappling with a slowing economy, yet its currency has rarely been stronger. The yuan is also outperforming the US dollar this year even as the Fed prepares to hike interest rates. So ...
China’s moving to programmable digital money. With full government control, real-time tracking, and instant payments, the ...
Although China may be leading the race to roll out a digital currency, the starting pistol was fired in a U.S. boardroom.. In June 2019, Facebook announced it was planning to issue a digital ...
China's central bank worried that if nearly 2.5 billion Facebook users suddenly had their own electronic currency, China's digital money could be left in the dust.
China's $3 trillion currency stockpile is the largest in the world, but as a percent of GDP it has declined from nearly 50% in 2007 to less than 30% today. With a ballooning money supply and a ...
China has allowed the value of its currency to fall by nearly 2% against the U.S. dollar – the largest devaluation in two decades.
President Trump on Sunday defended his reversal on a vow to label China a currency manipulator, suggesting the move is part of a strategic plan to convince China to work with the U.S. to confront ...
WASHINGTON - President-elect Donald Trump has vowed to name China a currency manipulator on his first day in the White House. There’s only one problem -- it’s not true anymore.