China has been trying to internationalize its currency for years to promote trade and investment, boosting the nation’s soft power. However, mixed signals stemming from recent RMB policies have ...

SHANGHAI, Nov. 8, 2019 /CNW/ -- The internationalization of China's currency renminbi (RMB) has advanced to a higher level, said experts attending a forum on RMB internationalization facilitating ...

Investing.com -- Despite some investors viewing stablecoins as a way to boost RMB’s global role, analysts at Bank of America said in a note that they are unlikely to be a major catalyst for the ...

After proceeding in fits and starts, the internationalization of China’s currency, the renminbi (RMB), seems to be resurgent. What’s your outlook? 2018 is set to be a milestone year for RMB ...

Although not widely reported, China’s currency, the renminbi (RMB), has gradually penetrated Indonesia. A report by the Society for Worldwide Interbank Financial Telecommunication (SWIFT) also found ...

Amidst all the background noise about possible trade wars and retaliatory measures, it seems like a good time to take a step back and reflect on one of the most emblematic representations of Chinese ...

BullionStar took the opportunity to translate a speech by Teng Wei, Deputy General Manager of the SGEI, named "How China's Gold Market Can Help The RMB Achieve International Status" that was held at ...

China is an economic giant. It is the world’s largest trading nation and is set to be the world’s largest economy as early as next year. Yet China’s financial relations with the rest of the world and ...

When renminbi internationalisation was making rapid progress in 2011, some leading investment banks predicted that by the end of 2012 Hong Kong’s offshore RMB deposits would reach more than 1 trillion ...

China faces a new currency challenge as the prospect of a slowdown in its economy heightens, which is likely to result in a renewed push towards the internationalization of the renminbi. Talk of the ...

Talk of the renminbi usurping the dollar as the world’s reserve currency has been replaced by concerns that China is struggling to contain capital flight. The latest figures from the People’s Bank of ...