China is converting dollar debts owed by developing nations into yuan loans to expand global use of its currency.
Tagged By banking
Beijing Fast-Tracks $42 Billion Through Policy Banks to Revive Growth
China’s top policy banks have funneled nearly 300 billion yuan ($42 billion) into strategic investment projects over the past two weeks, a rapid rollout of a 500-billion-yuan government-backed …
China looks to take heat out rare earths trade war
Officials this week told representatives from more than 170 foreign companies and governments that China’s export curbs were aimed at safeguarding global peace.
China’s PBOC Vows Steps to Promote Use of Yuan Around the World
Chinese authorities pledged to make it easier for onshore and overseas institutions to use the yuan, part of their push to promote the currency globally.
Jensen Huang says Nvidia went from 95% market share in China to 0%—‘I can’t imagine any policymaker thinking that that’s a good idea’
Before we leap towards policies that are hurtful to other people, take a step back and maybe reflect on what are the policies that are helpful to America.” …
Why gold could touch Rs 1.77 lakh in 2 years — experts link rally to China’s buying spree
Gold’s record-breaking rally in 2025 shows no signs of slowing, and analysts say China is the key reason behind it. With Beijing’s relentless gold buying and global investors seeking safety amid a …
China accumulates projects worth $14 billion in Argentina
With $14 billion in investment projects and rising exports, China has consolidated its position as a key trading partner for Argentina, irking the U.S.
China eyes 3-way currency swap with Japan and South Korea amid Trump’s tariff war: source
Beijing seeks to strengthen regional financial ties and boost yuan use as US trade pressures weigh on East Asian economies China is in talks with Japan and South Korea – both US allies – about…
Foreign financial firms upbeat on outlook for Chinese equities
Foreign financial institutions are increasingly upbeat on China’s stock market amid the nation’s notable advancements in high-tech fields including artificial intelligence (AI) and robotics, and …
Top analyst says China is playing a ‘key role’ in the price of gold going through the roof, and he’s got the data to prove it
Higher business uncertainty in the U.S. is also pushing gold prices up,” according to Apollo chief economist Torsten Slok.
Foreign financial firms upbeat on China’s stock market
Foreign financial institutions are increasingly upbeat on China’s stock market amid the nation’s notable advancements in high-tech fields including artificial intelligence (AI) and robotics, and …
China-UK spying row deepens as two MPs urge Starmer to block Beijing’s mega embassy in London
Two senior Conservative MPs who allege they were targeted by two Chinese spies have requested Prime Minister Sir Keir Starmer to block Beijing’s plans for a “mega” embassy in London and “protect” the …
Rare-earths mining is having a crypto moment
Cliffs is operating in the mode of Big Tech and US manufacturers, fashioning their businesses as an instrument of American competition and sovereignty.
