But analysts said it still faces a reality check in multilateral deals even amid an expansion of the Brics group of developing economies at the start of the year. Foreign …
But while expectations are high that Beijing would further ease its fiscal and monetary policies to shore up growth, there may be limited room for such manoeuvres, especially when it …
The US Federal Reserve’s dovish monetary stance and its hint of three interest rate cuts in 2024 may bring some relief to Chinese businesses and the yuan, said analysts and …
Interest in de-dollarisation is increasing given growing financial fragmentation risks worldwide, according to a report, but there is still not a credible alternative to the US dollar despite yuan internalisation …