Business10 years ago
IMF approves yuan as new reserve currency
The IMF has admitted the yuan into its select basket of reserve currencies, giving a major boost to China’s position as a global economic power.
yuan
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China10 years ago
China shuts down ‘underground bank’
Chinese authorities bust an “underground bank” reportedly used to enable capital flight out of the country.
Business10 years ago
China cheers yuan as new reserve currency
China welcomes support from the IMF to include the yuan in the elite basket of reserve currencies possibly at the end of this month.
Business10 years ago
China starts global yuan payment system
China’s Central Bank has started a global payment system which provides cross-border transactions in yuan.
Economic Divide10 years ago
Market turmoil: All because of China ?
Market turmoil: All because of China ?
Interviews10 years ago
'US currency war with China to backfire'
The US “bellicose war talk” regarding China’s devaluation of its currency is “solely inappropriate,” says an analyst.
Business10 years ago
Yuan fall fuels China-West currency war
China devalues the yuan for the third straight day, raising new fears that the measure could bring a fresh wave of price weakness to the West and trigger a currency war.
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