In recent weeks, a cluster of news reports and commentary has drawn attention to China’s accelerating efforts to internationalize the renminbi (RMB). At the Lujiazui Forum in Shanghai, The New York ...
China didn’t truly de-dollarize—it just shifted its dollar holdings from official reserves at SAFE to less transparent state ...
China's dominance in commodity trading has been confirmed by encouraging the big iron ore miner BHP to accept in part a ...
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World map shows countries that owe China money
Once the world's largest financier, China has in recent years become its top debt collector as grace periods expire on billions of dollars in loans issued to the global south. This year, a record $22 ...
China, Cartels, And Cash: How Chinese Operatives Are Laundering Mexican Drug Money In Broad Daylight
Mexican drug cartels are partnering with Chinese money laundering networks to funnel hundreds of millions of dollars in drug proceeds to Chinese nationals in the United States, according to a new ...
BANGKOK — China has been expanding use of digital currencies as it promotes wider use of its yuan, or renminbi, to reflect its status as the world’s second-largest economy and challenge the ...
In 2017, the Chinese government was the largest cryptocurrency market in the world. It is estimated that as many as 80 percent of all Bitcoin transactions were taking place in Chinese currency, the ...
The turmoil in China’s currency and assets has caused ructions in markets all over the world, from stocks to other currencies. But a little-observed consequence may be a change in the issuance and ...
BUENOS AIRES (Reuters) - China is on a crash course with the United States over a major Chinese currency swap deal with Argentina that has buffered the South American country's depleted foreign ...
BANGKOK — China has been expanding use of digital currencies as it promotes wider use of its yuan, or renminbi, to reflect its status as the world's second-largest economy and challenge the ...
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