China's tech giants JD.com and Alibaba affiliate Ant Group are urging the central bank to authorise yuan-based stablecoins to ...

China lifted its official yuan midpoint to its strongest since November on Tuesday, but pressured its value versus its major ...

China's Ministry of Finance announced a restriction on government purchases of European Union medical devices worth more than ...

The spot yuan opened at 7.1641 per dollar and was last trading at 7.1715 as of 0312 GMT, 62 pips lower than Friday’s late ...

Traders are betting that the yuan, the Australian dollar and the South Korean won will strengthen versus the US dollar.

China's top auditor found that local governments have misappropriated tens of billions of yuan of state-run basic pension funds for various purposes, including debt repayment, as they face mounting ...

They propose launching stablecoins in Hong Kong backed by the offshore yuan, aiming to boost the Chinese currency's global ...

Such a move would reduce local government debt by replacing it with lower-interest bonds, which could help revive economic ...

China is pursuing a strategy of selective RMB integration – eschewing full capital account liberalization and avoiding a ...

China is under increasing pressure from prominent economists and policy advisers to explore using stablecoins for ...

Alibaba and JD.com urge central bank approval for yuan-based stablecoins to counter US dollar dominance in $247B global ...

JD.com and Ant Group are urging the PBOC to greenlight a yuan stablecoin to challenge the dominance of the US dollar in ...