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China is pursuing a strategy of selective RMB integration – eschewing full capital account liberalization and avoiding a ...
CIPS is more than a payment system—it is a strategic lever for RMB internationalization and a blueprint for the future of ...
The dual circulation jointly built by Shanghai and Hong Kong as the country's two currency hubs is especially important in ...
China can consider the issuance of treasury bonds worth around 30 to 50 trillion yuan ($4.19 trillion to $6.97 trillion) in ...
As the People’s Bank of China seeks a bigger role for the yuan on the global stage, ignoring stablecoins could put the ...
Bank of China has stable funding. The company's deposits represent nearly 77% of total liabilities, about 40% of which are kept as low-cost demand deposits. Both ratios remained relatively steady over ...
Pan also announced another measure conducive to renminbi internationalization — the development of offshore bonds in Shanghai's free trade zone.
She has written extensively on the Chinese economy, renminbi internationalization and financial spillovers from China. She holds a PhD degree in Finance from the Birmingham University, UK.
The Zurich branch of China Construction Bank Corporation celebrated a double anniversary on Tuesday: ten years as Switzerland’s RMB clearing bank — and a clear signal about the future of the renminbi ...
Quadrini emphasized the importance of digital assets as a new form of value storage, saying that the continued expansion of ...
China’s renewed push for yuan internationalization is aimed at multipolarity, rather than replacing the dollar as the preeminent global currency, said Teneo.
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