Momentum is growing through manufacturing activity, procurement flows and regional supply chains Read more at The Business Times.

If renminbi settlement becomes cheaper and more trade migrates, firms will have less need to generate or hold US currency ...

As trade denominated in yuan continues to rise at a phenomenal rate, its significance to global markets is quickly increasing. But even as the IMF considers adding renminbi to the basket of SDR ...

For a currency that is still largely controlled by the state and grants its holders few investment options, the renminbi has attracted a remarkably large band of suitors around the world. London, ...

The Chinese currency is on track to become more important globally, but is unlikely to challenge the dollar anytime soon THE Chinese economy is now the world’s second largest and a key driver of ...

Last October, the International Monetary Fund officially added China’s currency, the renminbi, to the basket that makes up its Special Drawing Rights, the reserve asset in which the IMF denominates ...