As cross-border Chinese currency payments rise, we find evidence that a key U.S. financial sanctions tool may be weakening.

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 ...

The Chinese currency renminbi (RMB), or the yuan, saw its share in global payments rise in August, according to a report. The RMB's global share was up from 3.06 percent in July to 3.47 percent in ...

Beijing, China, Dec. 03, 2025 (GLOBE NEWSWIRE) -- The Russian Finance Ministry announced that it will issue government bonds denominated in RMB for the first time; subscription registration begins on ...

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 ...

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