Petroyuan will mature in bursts of crisis
The petroyuan — oil and energy trades settled in Chinese yuan rather than US dollars — is not…
UAE officials warned they may be forced to use yuan or other currencies if they run low on dollars
The United Arab Emirates apparently dropped a hint the dollar’s dominance isn’t assured in the global oil trade…
As global yuan use expands, questions resurface about China’s world-leading forex reserves
A report from a leading Beijing university has revived discussions about the “optimal size” of China’s foreign exchange…
Fading US dollar trust threatens world economy, ex-IMF official Zhu Min warns
Dwindling global trust in the US dollar is one of the most prominent risks facing a vulnerable world…
China’s plan to internationalise yuan quietly takes a step forward as Zambia gets on board
As of January, Zambia has begun collecting taxes and royalties from Chinese mining firms in yuan, and will…
China’s monetary policy impact not yet unleashed, PBOC says with 5% GDP goal in mind
China’s central bank intends to carefully calibrate the intensity and pace of its “moderately loose” monetary policy implementation,…
China son quits job to care for ‘2-year-old’ mum who lost mental faculties after falling ill
A 32-year-old man in southwestern China has quit his job to travel with his mother, a former obstetrician…