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Capital is leaving China at the fastest pace in more than 7 years, sending the yuan lower

Mon, 10/23/2023 - 10:24

Tech Insider : Economy

Yuan — A clerk counts 100 Chinese yuan banknotes at a branch of China Merchants Bank in Hefei, Anhui province April 20, 2015.
REUTERS/Stringer

Markets, mi-exclusive, Yuan, China, Currency, Dollars, property-market

China boosts Argentina's access to the yuan under currency deal as peso plummets

Wed, 10/18/2023 - 11:11

Tech Insider : Economy

China yuan — China's yuan.
Bloomberg Creative/Getty Images

Markets, mi-exclusive, dedollarization, Yuan, Peso, China, Argentina

India's government is getting more uncomfortable buying Russian oil with Chinese yuan, putting payments in limbo

Mon, 10/16/2023 - 12:56

Oil terminal ship in Russia — papa1266/Getty Images

Markets, mi-exclusive, Yuan, Currency, russia-sanctions, Oil, Imports

China is boosting efforts spread the yuan as it sells a record $7.5 billion in offshore bonds this year

Wed, 10/11/2023 - 13:36

china xi jinping — Chinese President Xi Jinping speaks to Gabon's President Ali Bongo Ondimba (not pictured) during a meeting in the Great Hall of the People in Beijing, China December 7, 2016.
Reuters/Fred Dufour

Markets, mi-exclusive, Markets, China, china-economy, Yuan, Dollars

The US dollar jumps to its highest level in 10 months versus rival currencies

Tue, 10/03/2023 - 10:12

US dollar — (Photo by Xu Jinbai/VCG via Getty Images)

Markets, mi-exclusive, Dollar, Currency, USD, Yuan, Pound

Russia's use of the Chinese yuan surges as the Kremlin looks to bypass sanctions

Wed, 09/27/2023 - 10:10

Tech Insider : Economy

One Chinese yuan bill lying on top of a US dollar bill. — One Chinese yuan bill lying on top of a US dollar bill.
Getty Images

Markets, mi-exclusive, Yuan, china-currency, Russia, Sanctions, ukraine-war

China's attempts to boost markets and investor confidence have flopped

Thu, 09/21/2023 - 10:18

xi jinping — Newly-elected General Secretary of the Central Committee of the Communist Party of China (CPC) Xi Jinping speaks as he meets with the press at the Great Hall of the People in Beijing, November 15, 2012.
REUTERS/Carlos Barria

Markets, mi-exclusive, China, Stocks, foreign-investors, outflow, Investing

De-dollarization would require governments to sever political and economic ties with US

Wed, 09/20/2023 - 14:08

Tech Insider : Economy

100 dollar pill puzzle being put together . — C.J. Burton/Getty Images

Markets, mi-exclusive, Dollars, De-Dollarization, dollar-dominance, BRICS, China

Capital flight out of China jumps to the fastest pace since 2015 as economy stumbles

Wed, 09/20/2023 - 11:54

Tech Insider : Economy

Xi Jinping — China's President Xi Jinping looks on during a signing meeting with Maldives President Abdulla Yameen at the Great Hall of the People in Beijing, China December 7, 2017.
REUTERS/Fred Dufour/Pool

Markets, mi-exclusive, Beijing, china-economy, Investment, foreign-investment, rebound

Forget the dollar – China has its hands full propping up the yuan against 23 other currencies, report says

Wed, 09/13/2023 - 08:50

currencies renminbi yuan dollar euro — A man walks past an advertisement promoting China's renminbi (RMB) or yuan ,US dollar and Euro exchange services at money exchange in Hong Kong.
Reuters/Tyrone Siu

Markets, mi-exclusive, Markets, Yuan, China, Currencies, Dollar

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