Over the past year, the People’s Bank of China, which manages the renminbi’s exchange rate, has allowed a gradual ...

China has fixed the renminbi at its strongest level against the dollar in 15 months, a move that analysts say signals its ...

Government has clarified that the decision to allow the payment of some mining taxes in the Chinese currency, Renminbi also ...

On Thursday, the offshore renminbi strengthened past the 7.0 level against the dollar for the first time since September 2024 ...

Recent studies, relying on traditional neoclassical exchange-rate models, suggest that the RMB is deviating from its "equilibrium value." However, economists warn that these conclusions are heavily ...

As G10 currencies follow their divergent paths, with the dollar gradually strengthening as the euro and yen decline, the question of the Chinese renminbi’s value is coming under increasing scrutiny.

In the long run, a fully convertible renminbi will make things easier for global companies doing business in China. Shorter term, treasurers face hard choices. Although officials in China remain ...

The rise of China as an economic powerhouse in global trade in recent decades has sparked concerns about the long-term status of the U.S. dollar as the world’s primary reserve currency, which it has ...

The latest update is out from CSSC (Hong Kong) Shipping Company Limited ( (HK:3877) ).

As China's share of regional trade has grown so too has the importance of its currency, the renminbi, in international transactions. Since 2002, China’s share in East Asia’s trade has leapt from 10 ...

Chinese currency has two names: the renminbi (RMB) and the yuan. The two are oft confused and used interchangeably. This misunderstanding has amped up as of late... You see, unprecedented action from ...

Earlier this year, NYU professor Nouriel Roubini attracted worldwide attention by speculating in a New York Times op-ed that the Chinese Yuan, or Renminbi (RMB), might someday supplant the U.S. dollar ...