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 ...

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

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.

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 ...

In his wildest dreams, Chinese leader Xi Jinping and his designs on currency domination couldn’t have imagined a better foil ...

From expanding investment channels to building digital infrastructure, Beijing has been laying the groundwork to promote international use of its currency.