More: yuan
China’s Banking Expansion in Africa: Infrastructure, Partnerships and Adoption Challenges
China’s banking infrastructure and the institutional mechanisms supporting its overseas expansion are robust and centralized, facilitating the financing of mega-projects, particularly in Africa through...
China’s Push to Expand Yuan Use in Africa: Strategy, Trade and Financial Influence
China is accelerating efforts to bolster the circulation and presence of its domestic currency—the yuan—across the African continent through a series of operational and...
China Expands Yuan Global Use and Tightens Financial Risk Controls
China unveiled a series of measures to accelerate the global use of the yuan and strengthen oversight of financial risks during the annual Lujiazui...
China Expands Digital Yuan Push
China's central bank is actively promoting the digital yuan (e-CNY) both domestically and internationally, aiming to establish it as a competing alternative to the...
The Chinese debt issue
Despite the "phase one" trade agreement signed between the United States and China in January 2020, the coronavirus issue has greatly distorted the Chinese...
Digital Yuan will dent the Dollar
Authors: Dr. Faisal Ahmed and Hardik Gupta*
The global financial architecture has taken a leap with China testing its digital currency for the first time...