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BEIJING] Chinese corporates and households boosted their foreign-currency deposits last month to the highest in three years, ...
The Debate Over Renminbi Policy. Louis Gave. January 21, 2016. One of the core tenets of Gavekal’s philosophy is that we embrace open debate. Rather than concealing the diversity of our analysis ...
Since 2009, internationalizing the renminbi has been an explicit goal of Chinese policy. Beijing therefore celebrated the renminbi’s addition to the SDR basket as evidence that it was making real ...
This week Goldman Sachs' chief economist predicted that Beijing would allow its currency to increase in value by as much as 5%. Jim O'Neill, in an interview with Bloomberg, said that after a ...
The renminbi’s rise may not ease the tense relationship between the two countries, but it could remove one potential issue from Mr. Biden’s plate. Source: FactSet. The New York Times.
This will unfold as renminbi-based claims increasingly circulate overseas, as an active secondary market for RMB-denominated securities — open to residents and non-residents alike — acquires ...
Chinese policymakers see erratic US decision-making and geopolitical tensions as the most favorable backdrop in years to promote the yuan. Read more at straitstimes.com. Read more at straitstimes.com ...
The renminbi is the obvious candidate to take share away from the dollar, given the size of the Chinese economy and its role in global trade. But for various reasons, ...
The renminbi is not a free floating currency like the U.S. dollar. The renminbi was pegged at 2.46 yuan for one U.S. dollar since the currency was introduced in 1948. In the 1980s, it strengthened ...
BEIJING] China’s tech giants JD.com and Alibaba affiliate Ant Group are urging the central bank to authorise yuan-based ...
Despite all the excitement about China's yuan announcement, MarketBeat is pondering a more pedestrian question: Exactly what do you call the Chinese currency?: Yuan or Renminbi?
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