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Renminbi

As China-Saudi ties develop, so will cross-border yuan use, ratings agency says

by Ron Morgan
As China-Saudi ties develop, so will cross-border yuan use, ratings agency says

A deepening of economic relations between China and Saudi Arabia will advance the use of the yuan for oil purchases, S&P Global Ratings said in a report on Tuesday – …

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China’s US$1.3 billion of ‘dim sum’ bond sale overbought as appetite grows for yuan debt

by Anas Siddiqui
China’s US.3 billion of ‘dim sum’ bond sale overbought as appetite grows for yuan debt

The Chinese government’s fourth sale of yuan-denominated sovereign bonds in Hong Kong this year was vastly overbought, as investors rushed to take advantage of the yield gap with the mainland …

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Opinion | Is another Asian currency crisis coming? Keep an eye on China’s yuan

by Walter Watson
Opinion | Is another Asian currency crisis coming? Keep an eye on China’s yuan

This has prompted much chatter about the danger of a new Asian financial crisis similar to the one that struck in 1997. This time the impact could be worse, given …

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China’s ‘two sessions’ 2024: new mandate, party control push central bank beyond ordinary role

by Anas Siddiqui
China’s ‘two sessions’ 2024: new mandate, party control push central bank beyond ordinary role

Rather than take drastic action to silo China from the US and insulate its economy from what already looked like a ticking time bomb, Wang promised his old friend the …

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Opinion | Why a stronger yuan is actually good for China’s sluggish economy

by Anas Siddiqui
Opinion | Why a stronger yuan is actually good for China’s sluggish economy

In terms of its infrastructure, urbanisation rate and education, nutrition and life expectancy levels, China is already a developed economy. But its nominal per capita GDP is about one sixth …

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