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…
China’s yuan may be going global faster than Western data suggests, analysts say
This could help explain the gap between Beijing’s official narrative – which describes the yuan as the world’s…
Iran war could boost China’s ‘petroyuan’ and weaken US dollar dominance, analysts say
The US-Israeli war in Iran could weaken the US dollar’s historic dominance in the oil-rich Middle East and…
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…
China’s financial superpower ambitions get legal backing at ‘two sessions’
In its work report delivered on Monday, the National People’s Congress Standing Committee, the country’s top legislative body,…
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…
Trade war, global instability push de-dollarisation into China’s academic mainstream
Interest in de-dollarisation has spiked in Chinese academic and policy circles, as Beijing grows increasingly wary of the…
Open Questions | Economist Huang Yiping on why China’s AI push must be ‘job-oriented’
Huang Yiping is the dean of Peking University’s National School of Development and a member of the Monetary…
New phrase, new phase? China’s central bank adjusts language on yuan internationalisation
China’s central bank has adopted a more proactive tone when describing its efforts to promote the global use…