China has been trying to internationalize its currency for years to promote trade and investment, boosting the nation’s soft power. However, mixed signals stemming from recent RMB policies have ...

Investing.com -- Despite some investors viewing stablecoins as a way to boost RMB’s global role, analysts at Bank of America said in a note that they are unlikely to be a major catalyst for the ...

BullionStar took the opportunity to translate a speech by Teng Wei, Deputy General Manager of the SGEI, named "How China's Gold Market Can Help The RMB Achieve International Status" that was held at ...

RMB internationalization is a systematic solution for China to effectively address the deepening impact of geo-economic risks in the world, which also contributes to stabilizing global markets as well ...

When renminbi internationalisation was making rapid progress in 2011, some leading investment banks predicted that by the end of 2012 Hong Kong’s offshore RMB deposits would reach more than 1 trillion ...

Although not widely reported, China’s currency, the renminbi (RMB), has gradually penetrated Indonesia. A report by the Society for Worldwide Interbank Financial Telecommunication (SWIFT) also found ...

A seminar about gold supporting the internationalization of the renminbi and China's financial strength was held in Beijing on 18 September 2015. One of the keynote speakers was Song Xin, President of ...