China’s central bank asked its major lenders to raise the share of yuan when facilitating cross-border trade, in its latest ...

China told its biggest banks to increase the use of the yuan in trade with foreign partners, raising the required ratio to 40 ...

For years, Chinese policy has strived to raise the yuan’s international stature. However, the yuan still has a long way to go ...

Some 51 millin yuan (US$6.5 million ... has a youthful look and wavy hair. Bank tellers on most wanted list Two bank workers vaulted into China's most wanted list of criminals on Tuesday after ...

Iris Fan — a bank teller in Shanghai — has been promoting ... and Beijing "must seize the first opportunity". The Chinese yuan has now overtaken the US dollar as the most widely used ...

Micah McCartney is a reporter for Newsweek based in Taipei, Taiwan. He covers U.S.-China relations, East Asian and Southeast Asian security issues, and cross-strait ties between China and Taiwan.

China’s central bank took another step to shore up the yuan, making it more expensive for traders and institutions to bet against the currency after it weakened rapidly against the dollar.

The yuan — also known as the renminbi —has been declining for months despite interventions by China’s central bank. The offshore yuan—which trades overseas—plunged to a record low of 7. ...

Chinese banks extended 5.13 trillion yuan ($706.40 billion) in new yuan loans in January, more than quadrupling the December figure, data from the People's Bank of China showed on Friday ...

This payment method is designed specifically for the digital yuan — China’s central bank digital currency (CBDC). The July 10 announcement revealed the bank’s partnership with ...

On Monday, China's tightly controlled yuan weakened to its lowest in 16 months while the blue-chip stock index touched its weakest since the end of September, slipping as much as 0.9% on the day ...

SHANGHAI (Reuters) - The Chinese central bank said on Monday it had bought 200 billion yuan ($28.52 billion) of the country's government bonds in open-market operations in September. China's long ...