Tag - yuan

 
 

YUAN

Japan Times
BUSINESS / ANALYSIS
May 12, 2023
Vast China-Russia resources trade shifts to yuan from dollars in Ukraine fallout
The switch to yuan to pay for billions in commodities trades in the wake of the Ukraine war accelerates China's efforts to internationalize its currency.
Japan Times
BUSINESS / Markets
May 4, 2023
China takes the yuan global in bid to repel a weaponized dollar
President Xi Jinping's government has been busy striking deals over the past year to expand the ways in which the currency is used.
Japan Times
COMMENTARY / World
Mar 26, 2023
What it will take to reshape the global monetary order
Why isn't diversification from the U.S. dollar toward the Chinese yuan visible in data on foreign reserves and international payments?
Japan Times
BUSINESS / ANALYSIS
Mar 6, 2023
Chinese companies hang onto dollars and hedge to prepare for volatile yuan
Bankers say clients are reluctant to convert export receipts, with more than 30 A-share listed companies signing up to use currency derivatives for risk-hedging so far this year.
Japan Times
COMMENTARY / World
Jan 16, 2023
Why the Fed needs to take the digital yuan seriously
The e-CNY will be more than just a paperless version of cash for China's local economy, its use in trade settlements would pose a challenge to the U.S. dollar.
Japan Times
COMMENTARY / World
Dec 12, 2022
China developing the digital yuan to protect its interests
The ruling Communist Party is sacrificing innovation on the altar of social stability.
Japan Times
BUSINESS / Economy / FOCUS
Nov 29, 2022
The yuan's the new dollar as Russia rides to the redback
Russia's financial shift eastwards could boost cross-border commerce, present a growing economic counterweight to the dollar and limit Western efforts to pressure Moscow by economic means.
Japan Times
BUSINESS / Economy
Sep 26, 2022
Crisis level risks loom in Asia as U.S. Fed rate pressure forces yen and yuan to sink
While others are digging deep into foreign-exchange reserves to mitigate the damage, the yuan and yen's slump threatens the region's mantle as a preferred destination for risk investors.
Japan Times
COMMENTARY / World
Mar 20, 2022
Saudi Arabia’s oil-for-yuan bid won’t threaten the dollar
In an increasingly divided world, it makes sense to look for a good alternative to the greenback. Now is not that time.
Japan Times
BUSINESS / Markets
Feb 15, 2022
Yuan wobbles revive worries about Asia's vulnerabilities
Analysts say a stable yuan provides a pillar of fundamental strength in the region, as it reflects a strong Chinese economy.
Japan Times
BUSINESS
Nov 5, 2021
Mystery of China’s huge dollar surplus baffles global markets
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.'
Japan Times
COMMENTARY / World / Geoeconomic Briefing
Sep 5, 2021
Does Didi's crash point to the future of U.S.-China financial frictions?
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.
Japan Times
COMMENTARY / World
Aug 4, 2021
China’s unavoidable financial rise
Many economists in the West did not see China's massive growth coming, and its influence is now becoming impossible to ignore.
Japan Times
BUSINESS / ANALYSIS
Jun 2, 2021
China's banks are bursting with dollars, and that's a worry
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.
Japan Times
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.
Japan Times
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.
Japan Times
BUSINESS / Economy
Apr 13, 2021
U.S. eyes potential threat from China’s digital yuan
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.
Japan Times
COMMENTARY / World / Perspectives
Apr 4, 2021
China sets sights on a digital currency to challenge the U.S. dollar
China has taken the lead in becoming a cashless society.
Japan Times
BUSINESS
Jan 10, 2021
China’s rapid recovery puts U.S. dollar's global hegemony in doubt
The U.S.'s struggle to control the coronavirus and revive its economy contrasts sharply with the Asian nation, where growth has roared back.
Japan Times
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.

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