China now settles nearly a third of its $6.2 trillion trade in yuan instead of dollars — up from 20% in 2022. But economic ...

In Kenya and Ethiopia, China is using debt distress as a strategic opening to expand the RMB’s international use.

Swap from the US dollar comes amid difficult relations with Washington but is primarily driven by the Kenyan government’s ...

USD/CNY slips below 7.1 as trade tensions ease and Fed policy shifts. Easing trade tensions on Chinese imports could send the ...

Wang Qing, chief macroeconomic analyst with Golden Credit Rating, said that the renminbi's exchange rate has fallen below the ...

RBC said Chinese authorities appear “biased for a stronger CNY,” with officials guiding the daily fix lower since April to ...

The Chinese yuan has depreciated by 4.8% since the start of the year, nearing a 15-year low against the US dollar, due to China's struggling economic recovery. Furthermore, the US Federal Reserve has ...

Some investment houses expect the Chinese yuan to strengthen beyond the psychologically critical 7-yuan-per-dollar mark for ...

The Diplomat author Mercy Kuo regularly engages subject-matter experts, policy practitioners, and strategic thinkers across the globe for their diverse insights into U.S. Asia policy. This ...