Eswar S. Prasad, the International Monetary Fund’s former China chief, explores what Beijing hopes to gain from a more widely used renminbi.

BING NEWS:
  • China Secures Banned Nvidia Chips Amid U.S. Export Restrictions, Tenders Reveal
    A Reuters investigation shows that despite U.S. sanctions restricting exports of advanced Nvidia AI chips, several Chinese educational and research institutions have acquired these through Super Micro ...
    04/22/2024 - 6:22 pm | View Link
  • People in China are so spooked about the economy that even the weak yuan isn't stopping them from buying more gold
    China's central bank has been on a buying spree for 17 straight months as it diversifies its holdings away from the US dollar.
    04/21/2024 - 7:33 pm | View Link
  • Chinese yuan fourth biggest payment currency
    The Chinese yuan has ranked as the world's fourth biggest payment currency for the fifth month in a row as of March, accounting for 4.69 percent of global payments by value, according to global ...
    04/17/2024 - 8:29 pm | View Link
  • Asian currencies supported – what does currency volatility mean for you?
    Asian currencies are back in the spotlight, particularly the Japanese yen and the Chinese yuan, which is bringing currency volatility to the forefront of global investors’ minds.On Thursday, the yen ...
    04/11/2024 - 5:51 am | View Link
  • More

 

Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More World News