The United States President Donald Trump's aggressive tariff policy is bound to fail, as he overestimates the US market's ...

Jeffrey Sachs: The protectionism will fail and will increasingly isolate the US in the world economy and politics. There are ...

According to the People’s Bank of China’s 2015 Renminbi Internationalization Report, the RMB was the world’s 5th most used payment currency, the 2nd most used trade finance currency ...

as the preferred business hub for renminbi (RMB) internationalization. Hong Kong residents are allowed to establish RMB-denominated savings accounts, RMB-denominated corporate and Chinese ...

The UK and China are cautiously re-engaging, focusing on pragmatic areas like finance, green energy, and trade.

China’s offshore yuan has solidified its position as a widely tapped currency in institutional and corporate financing on the ...

For instance, advancing the internationalization of the renminbi is a key strategy. Increasing the renminbi's role in global transactions and reserves and enhancing the application of digital ...

By allowing renminbi to flow offshore uncontrolled ... are straying from the normal sequence of steps toward currency internationalization. Why might that be? In this Center for Geoeconomic ...

Report from International Institutions and Global Governance Program and Greenberg Center for Geoeconomic Studies Report from International Institutions and Global Governance Program and Greenberg ...

Additionally, the buoyant issuance market for panda bonds in 2024 also played a key part in this internationalization blueprint. The number of direct participants of Cips, that is, banks that can ...

RMB Internationalization: These bonds contribute to the internationalization of the Chinese Yuan, enhancing its role in global finance. A Catalyst for Economic Development Panda bonds play a ...