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Macomb, Detroit, Michigan-In the vast theater of global trade, a silent drama unfolds every day: the USA buys real goods and ...
As US President Donald Trump’s global tariffs trigger worldwide market chaos and geopolitical fallout, the question on ...
When Taiwan came under KMT rule after communist rule started in China, there were severe balance of payments troubles, and ...
The "Sell America" trade picked back up on Monday. Stocks fell, with the Dow industrials dropping 1,100 points and on pace for their worst April since 1932, and the dollar hit fresh multiyear lows ...
China has been steadily working to elevate the international profile of the RMB. Though progress has been gradual, it carries ...
The mandatory use of the renminbi to settle bilateral trade will force the US to buy Chinese currency on a large scale, thereby significantly increasing the renminbi’s use and demand while ...
The most-cited scientific paper of the 21st century was written by four Chinese researchers in 2016, and it is on track to become the most-cited paper of all time, according to an analysis by ...
Investors were rattled over the past few days when Trump made a series of verbal attacks on Fed Chair Jerome Powell over his reluctance to cut interest rates until the data justified such a move.
Chinese investors and trading companies boosted their use of the yuan in international settlements to a record last month as ...
The decision comes amid encouraging first quarter growth figures, with GDP recording a 5.4% rise year-on-year.
The digital renminbi (RMB) is a central bank digital currency issued by China’s central bank, the People’s Bank of China. Speaking at the digital asset markets strategy masterclass series held ...
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