The pressure toward diversifying world currency reserves has been building for a long time. It intensified after the 2008 financial crisis but has escalated even more since 2022. Diversification of currency reserves is expected to be a major topic at the upcoming BRICS Summit, which will likely further intensify this trend.

In the past, the U.S. dollar and Chinese yuan used to move inversely. Recently, that has not been the case. The dollar is appreciating, and so is the yuan. Are the bilateral currencies decoupling?

China’s robust e-payments industry has become ubiquitous at every level of its economy, from street vendors all the way to annual taxes. Chinese authorities hope that the advanced infrastructure they possess can be used to launch the first ever state-backed cryptocurrency.

Applying maximum pressure, including labeling China as a “currency manipulator” will not sway China. If the U.S. refuses to return to the negotiation table, China has the option of seeking closer ties with other regional and international partners.

With the US’s new classification of China as a “currency manipulator,” the question arises: is such a designation accurate? Could it lead to success for the Trump Administration, or will it only serve as an irritator that will open up a new fight with China?

China must think twice before accepting the U.S. request to stabilize the renminmi.

The world has to prepare itself for a new monetary cycle following rising US interest rates.

Treasury yields fell on Thursday after China disputed a report that its government officials had recommended the country slow or halt its purchases of U.S. bonds.

All Bitcoin exchanges in Beijing and Shanghai have been ordered to submit plans for winding down their operations by 20 September.The move follows the Chinese c

The fears about the economic meltdown in China are overblown. The mismatch between progress in economic rebalancing and setbacks in financial reforms must ultimately be resolved as China transitions to new growth model. But it does not spell imminent crisis.