Business / Economy Dec 4, 2021
U.S. keeps Japan and China on 'monitoring list' over currency practices
The Treasury Department said that Japan and China remain on the list, but refrained from labeling any major U.S. trading partner as a manipulator.
Business Nov 5, 2021
Mystery of China’s huge dollar surplus baffles global markets
by Enda Curran
Unprecedented trade surpluses and record inflows into its bond market are giving China a stockpile of dollars unseen since the days of the "Asian savings glut."
Commentary / World | API Geoeconomic Briefing Sep 5, 2021
Does Didi's crash point to the future of U.S.-China financial frictions?
by Tatsuhito Tokuchi
While the rivals are said by some to be in the midst of a "new Cold War," some financial businesses linking the two are thriving.
Commentary / World Aug 4, 2021
China’s unavoidable financial rise
by Zhang Jun
Many economists in the West did not see China's massive growth coming, and its influence is now becoming impossible to ignore.
Business | ANALYSIS Jun 2, 2021
China's banks are bursting with dollars, and that's a worry
by Winni Zhou and Tom Westbrook
Boosted by surging export receipts and investment flows, the value of foreign cash deposits in China's banks leapt above $1 trillion for the first time in April.
Business May 10, 2021
China’s much-hyped digital yuan leaves early users underwhelmed
Observers suspect China has high hopes for international use of the digital yuan as Xi Jinping tries to lessen his country’s reliance on the U.S.-led global financial system.
Business | ANALYSIS Apr 26, 2021
With digital yuan trials, Beijing looks to claw back data from Alipay and WeChat
"Big data is wealth. Whoever owns data thrives," said a banking official tasked with promoting the digital yuan.
Business / Economy Apr 13, 2021
U.S. eyes potential threat from China’s digital yuan
by Saleha Mohsin
Some officials are concerned China's moves could kick off a long-term bid to topple the dollar as the world’s dominant reserve currency.
Business Jan 10, 2021
China’s rapid recovery puts U.S. dollar's global hegemony in doubt
by Susanne Barton
The U.S.’s struggle to control the coronavirus and revive its economy contrasts sharply with the Asian nation, where growth has roared back.
Business / Economy | FOCUS Dec 24, 2020
Japan prepares for digital currency, in line with China and others
by Takuya Okamoto
But the Bank of Japan is likely to take some years to decide whether to officially issue its digital currency, as are other major central banks.
Business / Economy Oct 12, 2020
China acts to slow yuan’s rapid ascent without halting its rise
Economic recovery, a yield premium in sovereign debt over Treasuries and the prospect of a Democrat victory in the U.S. presidential vote are all boosting the currency.