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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.
China has been steadily working to elevate the international profile of the RMB. Though progress has been gradual, it carries ...
Chinese investors and trading companies boosted their use of the yuan in international settlements to a record last month as ...
As US President Donald Trump’s global tariffs trigger worldwide market chaos and geopolitical fallout, the question on ...
We feel the cost of our purchase more when we use cash. Handing over notes triggers a different feeling than merely swiping a ...
Macomb, Detroit, Michigan-In the vast theater of global trade, a silent drama unfolds every day: the USA buys real goods and ...
When Taiwan came under KMT rule after communist rule started in China, there were severe balance of payments troubles, and ...
The decision comes amid encouraging first quarter growth figures, with GDP recording a 5.4% rise year-on-year.
The economy grew steadily from January through March, but U.S. tariffs pose a risk for China in the coming weeks and months.
This paper highlights a tradeoff implied by a policy of export-led growth through currency undervaluation. While undervaluation can foster domestic manufacturing in countries like China by sustaining ...
China's de-dollarization boosts Bitcoin’s role as an alternative reserve asset. Experts predict BTC's rise despite challenges in scalability.
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