Beijing may be mulling plans to boost internationalisation of the country’s currency via yuan-backed tokens in Hong Kong. Use ...

The $250 billion stablecoin market, dominated by Tether’s USDT ($158 billion) and Circle Internet’s (NYSE:CRCL) USDC ($62 ...

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.

Chinese EV maker XPeng said Tuesday that it narrowed its losses as revenue more than doubled in the second quarter. XPeng ...

By Brian Kenety Kenya is in talks with China – the East African country’s biggest bilateral lender – to convert a ...

The U.K. will become the first Western government to issue renminbi-denominated sovereign debt, Chancellor George Osborne and Chinese Vice President Ma Kai jointly announced Friday. The bond will ...

Since 2009, internationalizing the renminbi has been an explicit goal of Chinese policy. Beijing therefore celebrated the renminbi’s addition to the SDR basket as evidence that it was making real ...