China's yuan rose to its strongest level in nearly 16 months on Friday on bets that Beijing will unveil fresh economic stimulus following a jumbo U.S. rate cut. The onshore yuan strengthened to as ...

Deutsche Bank says China's yuan remains undervalued versus the euro, fueling a record EU trade deficit of €360 billion and ...

China’s yuan has tightened its grip on global currency markets, rising to 8.5% of all foreign exchange trades this year and keeping its fifth-place ranking worldwide, according to the Bank for ...

For China's yuan to be used more globally, the currency needs more "applications" such as stocks and bonds, Bonnie Chan, CEO of Hong Kong Exchanges and Clearing Limited, said on a panel Tuesday.

Surging Chinese trade with Africa and lifting of tariffs for most countries on the continent look set to boost yuan use, aiding ​Beijing's bid to build alternatives to Western finance.

Chinese assets have had a terrible year—but China’s currency is gaining ground as an international payments option. The yuan’s status as a global currency still faces a huge obstacle in the form of ...

Jan. 24 (Asia Today) --China set its benchmark yuan exchange rate against the U.S. dollar below the psychologically significant 7-yuan level for the first time in two years and eight months, signaling ...

SHANGHAI, Dec 21 (Reuters) - The yuan eased on Thursday, as offshore yuan funding costs fell and China's blue-chip stock index hovered near 5-year lows. With offshore liquidity easing, the cost of ...