RMB Assets Set to Grow, Says Chinese Regulator
Chinese regulator Jia Ning signals growth in foreign RMB holdings, highlighting stable and sustainable market prospects.
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Chinese Mainland’s Cross-Border Finance Hits $7.6T Milestone
The Chinese mainland reached a historic $7.6T in cross-border revenue in H1, with RMB at 53% and impressive fund inflows boosting reserves.
Chinese Yuan Overtakes Yen as 4th Most Popular Currency 🌏💰
China’s yuan has overtaken the yen to become the fourth most popular currency for global payments, marking a significant rise in international trade influence.
Standard Chartered’s CEO: RMB Set to Shine in Global Trade 🌐💰
Standard Chartered CEO Bill Winters shares his optimism about the RMB’s increasing role in global trade settlements and calls for steps to make the currency more accessible.
Eco Insights 🌱: China and US Unite for a Sustainable Future
Discover how China is driving global green development and the potential for US-China cooperation in tackling climate challenges. Plus, the RMB’s impact on global trade in this week’s ‘Biztalk’.
🌊 Maldives Embraces Chinese Currency for Trade! 🇲🇻💰🇨🇳
Maldivians will soon settle import payments using Chinese currency, the renminbi (RMB), announced Minister Mohamed Saeed. This move aims to simplify trade between the Maldives and China.