China’s top monetary official said the global financial system is moving away from the US dollar, and China wants to push the renminbi into a more dominant role. Speaking on stage at a financial forum…
Tagged By financials
China’s central bank chief expects new currency order to challenge dollar
China’s central bank governor has said he expects a new global currency order to emerge after decades of dominance by the US dollar, with the renminbi competing in a “multi-polar international …
Aiming at the Dollar, China Makes a Pitch for Its Currency
The leader of China’s central bank made a clear though indirect critique of the dollar’s role as the world’s main currency.
UK financial official: China’s economy on positive track, cooperation brings mutual benefit
China’s economy is moving in a positive direction and presents strong opportunities for bilateral collaboration between China and the United Kingdom, according to Christopher Hayward, chairman of the …
China’s central bank chief expects new global currency order
China’s central bank governor has said he expects a new global currency order to emerge after decades of dominance by the US dollar, with the renminbi competing in a “multi-polar international …
China’s central bank chief warns against unilateralism in currency, payments policies
China’s central bank boss warned that the global monetary system could be “weaponised” and politicised by dominant countries, as the country navigates an uneasy trade truce with the US.
China Will Hike Quota for Investors Buying Overseas Assets
China will allow some local investors to put more of their money into overseas assets, a sign Beijing is opening up its financial market as the yuan steadies.
Foreign institutions key to China’s modern financial system
Foreign institutions are important participants and active contributors to the construction of China’s modern financial system, Li Yunze, head of the National Financial Regulatory Administration, said …
China’s central bank says to promote digital yuan, multi-polar currency system
China’s central bank governor announced plans to promote the international use of the digital yuan and called for the development of a multi-polar global currency system, where several currencies …
China’s central bank unveils eight major financial opening-up measures at 2025 Lujiazui Forum in Shanghai
At the opening ceremony of the 2025 Lujiazui Forum held in Shanghai on Wednesday, People’s Bank of China (PBC) Governor Pan Gongsheng announced eight significant measures to further open China’s …
Asian Penny Stocks With Market Caps Under US$2B To Watch
Amidst escalating geopolitical tensions in the Middle East and evolving trade dynamics, Asian markets have been navigating a complex landscape. Despite these challenges, there are still opportunities …
China Just Cut Off These Rare Metals. The U.S. Has No Backup Plan–Yet.
Beijing tightens its grip on critical resources. One CEO says America’s race to catch up is already years behind.
China’s high-standard financial opening-up injects stability into global markets
Lujiazui Forum, scheduled for Wednesday and Thursday, will highlight China’s expanding influence in the global financial landscape. According to the Shanghai Municipal Bureau of Finance, this year’s …
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