15 h. ago China Finds Costly New Way of Boosting Xi’s Global Yuan Push

China Finds Costly New Way of Boosting Xi’s Global Yuan Push  Bloomberg.com

Politics

16 h. ago China’s global goal for yuan boosted by Ethiopian hopes for loan currency swap

Ethiopia’s plan to convert its dollar-denominated Chinese loans to yuan is a “savvy financial arbitrage play” in the view of some analysts, while others warned that the move could “complicate” negotiations with bondholders over the 2023 Eurobond default. Eyob Tekalign, governor of the Ethiopian central bank, confirmed last week that Addis Ababa had initiated talks with Chinese lenders, including the Export-Import Bank of China (China Eximbank) and the People’s Bank of China, to swap part of its...

Politics

20 h. ago China Finds Costly New Way of Extending Xi’s Global Yuan Push

China Finds Costly New Way of Extending Xi’s Global Yuan Push  Bloomberg.com

Politics

69 h. ago At China’s Canton Fair, exporters sense a warming trend in yuan settlements

At the ongoing autumn edition of the Canton Fair in Guangzhou – China’s oldest and largest trade exhibition – Chinese exporters are noticing a quietly spreading shift: an increasing number of overseas clients, particularly from emerging markets such as Southeast Asia, Central Asia and Africa, are proactively proposing to settle trade orders in yuan. Wang Lilin, sales director at diesel generator manufacturer Keypower, said the company had seen a clear rise in yuan settlements over the past two...

Events

6 d. ago Iron ore the new pawn in global geopolitics as China pushes yuan payments

Iron ore the new pawn in global geopolitics as China pushes yuan payments  Fastmarkets

Politics

8 d. ago China trade freeze squeezes US soybean farmers as costs climb, profits vanish

China trade freeze squeezes US soybean farmers as costs climb, profits vanish  Fox Business

Economics

1 week ago Trump tariffs live updates: Trump downplays China tensions; Goldman sees US consumers paying 55% of costs

Trump tariffs live updates: Trump downplays China tensions; Goldman sees US consumers paying 55% of costs  Yahoo Finance

Economics

1 week ago Trump tariffs live updates: Goldman sees US consumers paying 55% of tariff costs; Trump downplays China trade tensions

Trump tariffs live updates: Goldman sees US consumers paying 55% of tariff costs; Trump downplays China trade tensions  Yahoo Finance

Economics

1 week ago Why are Halloween shops dusting off vintage costumes amid China tariffs?

Why are Halloween shops dusting off vintage costumes amid China tariffs?  Los Angeles Times

Economics

2 w. ago China’s industrial largesse may cost it $370bn a year in lost output

China’s industrial largesse may cost it $370bn a year in lost output  The Economist

Economics

2 w. ago Hong Kong can help mainland China ‘take renminbi global, build ties with France’

Hong Kong’s dual status as an international financial centre and offshore renminbi trading hub allows it to play a vital role in taking the yuan onto the global stage and promoting Sino-French economic ties, mainland Chinese business leaders have told a meeting in Paris. Representatives from major mainland companies and financial institutions in Paris raised the idea with a delegation from the Better Hong Kong Foundation, led by its executive committee chairman, Ronnie Chan Chi-chung, during a...

Politics

2 w. ago BMW Lowers Annual Guidance On Weak China Sales, Tariff Costs

BMW Lowers Annual Guidance On Weak China Sales, Tariff Costs  Bloomberg.com

Economics

2 w. ago BMW cuts 2025 earnings forecast on weak China sales, U.S. tariff costs

BMW cuts 2025 earnings forecast on weak China sales, U.S. tariff costs  Automotive News

Economics

2 w. ago China's National Day holiday box office exceeds 1.6 billion yuan

China's National Day holiday box office exceeds 1.6 billion yuan  China Daily - Global Edition

Politics

2 w. ago Do You Know China's Largest low Cost Airline? We Hop On Board To Review!

Do You Know China's Largest low Cost Airline? We Hop On Board To Review!  Airline Ratings

Politics

2 w. ago CAC Stressed About China's Feelings, TikTok + Indonesia Protests, Chips in Costa Rica and Poland?

CAC Stressed About China's Feelings, TikTok + Indonesia Protests, Chips in Costa Rica and Poland?  ChinaTalk | Jordan Schneider

Events

2 w. ago Trump's China trade war hitting Ohio's soybean farmers as other costs also rise

Trump's China trade war hitting Ohio's soybean farmers as other costs also rise  The Columbus Dispatch

Events

3 w. ago Chinese yuan’s forex market share grows to 8.5% as global position firms: survey

The Chinese yuan’s share in global foreign exchange (forex) trading climbed to 8.5 per cent this year while maintaining its position as the world’s fifth-most traded currency, according to survey findings by the so-called central bank for central banks. The proportion, unveiled by the Bank for International Settlements (BIS) in its 2025 Triennial Central Bank Survey – launched in April, with the findings released on Tuesday – showed an increase from 7 per cent in the 2022 survey, with the yuan’s...

Economics

3 w. ago US tariffs will cost Asean billions in lost trade, UN says. Is China the answer?

Southeast Asia is set to be the region hardest hit by American tariffs, according to a new UN report, with observers saying the fallout could push Asean deeper into China’s orbit as the US raises the price of entry to its vast consumer market. The report from the United Nations Development Programme forecasts a 6.4 per cent slump in exports to the United States from the wider Asia-Pacific, driven by price increases from tariffs. But for Southeast Asia – a linchpin in global supply chains and a...

Economics

3 w. ago China’s DeepSeek Unveils New AI Model That Could Halve Usage Cost

China’s DeepSeek Unveils New AI Model That Could Halve Usage Cost  The Wall Street Journal

Politics