Authors, including the PBOC’s former statistics head, call for ‘a new vision where multiple currencies jointly support global financial stability’.

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

Chinese businesses and investors are primed for the yuan to stay steady for now and eventually depreciate as U.S. trade ...

Despite China’s ambition to challenge the dominance of U.S.-backed stablecoins, catching up will be no easy feat though.

The People’s Bank of China (PBOC) has reportedly reached out to financial institutions in recent days to assess market ...

JD.com y Ant Group quieren que el banco central de China apruebe las stablecoins en yuanes offshore en Hong Kong.

China's central bank has asked some financial institutions about their views on recent U.S. dollar weakness, people with ...

The two firms propose China allow the launch of stablecoins in Hong Kong pegged to its offshore yuan to help promote global ...

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

From To Calculate Chinese Yuan to United States Dollar conversion - Last updated Jul 09, 2025 23:32 UTC Result 0.139271 United States Dollar 1 CNY = 0.139271 USD 1 USD = 7.180245708 CNY ...

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