Renminbi continues march to eventual globalization2023-08-25
Internationalization of the renminbi, also known as the yuan, has been advancing steadily, with an increasing share in global payments as solid proof of the phenomenon, said experts.

Yuan share grows to 44 pct on Russian currency market, says central bank2023-08-09
The yuan share moved up to a record 44 percent in July from 39.8 percent in June amid continued changes in Russia's exchange currency market, the country's central bank said on Tuesday.

Downward pressure on yuan seen temporary2023-06-28
The current downward pressure on the Chinese yuan in foreign exchange markets will be short-lived, as the country's on-track economic recovery and more economic stimulus packages in the pipeline will help support the currency's valuation, said experts on Tuesday.

Move to boost yuan globalization2023-06-20
With the launch of the Hong Kong dollar-renminbi Dual Counter Model on Monday, 24 Hong Kong-listed companies, such as Tencent Holdings, Alibaba Group, Hong Kong Exchanges and Clearing and AIA Group, will offer their shares to be traded in both the Hong Kong dollar and renminbi.

RMB assets hold long-term pull for global investors2023-06-03
Global investors are bullish on renminbi-denominated assets as China's economic growth momentum recovers and its financial markets further open up, financial professionals said on the sidelines of the 2023 Global Investor Conference.

Experts rule out further RMB slide2023-05-19
Although the Chinese currency renminbi faced some downward pressure in the past few trading days, there is little room for it to head further south in light of the economic recovery that is on track, said experts on Thursday.

RMB's global payment share up in March2023-04-23
The Chinese currency renminbi (RMB), or the yuan, saw its share in global payments rise in March, a report has said.

Yuan's rise in Russia shows currency trend2023-04-12
The renminbi's record high share in Russia's currency trading in March confirms an emerging trend that more commodity-exporting economies are accepting the Chinese currency as an alternative to other leading international currencies, experts said on Tuesday.

RMB's role grows globally as dollar alternatives sought2023-04-06
The rising global use of the Chinese renminbi will accelerate the world's shift toward a multipolar international currency system, a process critical for global financial stability as the drawbacks of the dollar-centred system can no longer be ignored, experts said.

RMB still 5th most active currency for global payments in February: SWIFT2023-03-26
The Chinese currency renminbi (RMB), or the yuan, has retained its position as the fifth most active currency for global payments by value in February with a larger share, a report has said.

Global investors snatch up Chinese yuan assets amid recovery prospects2023-02-07
Market data shows that net overseas capital inflow into shares traded at the Shenzhen and Shanghai bourses hit a single-month record of 131.146 billion yuan (about 19.4 billion U.S. dollars) in January, more than the whole of 2022.

RMB remains fifth most active currency by value in December: report2023-01-25
The Chinese currency renminbi (RMB), or the yuan, remained the fifth most active currency for global payments by value in December 2022, a report has showed.

RMB recovers on economic resilience2022-11-15
Sentiment in the foreign exchange market improved further on Monday as outlook for China's economic growth brightened against the backdrop of the country's strong resilience and expectations that the US Federal Reserve's monetary tightening is likely to slow down, experts said.

Financial digitalization gets e-CNY trust2022-10-24
As the fall semester started in September, Liu Xiaojing, 35, a product manager in Beijing, enrolled her 7-year-old son into an after-school English-language program. That was a sort of an encore.