The cowrie is the most widely and longest used currency in history. 1,000 BC: First Metal Money and Coins Bronze and Copper cowrie imitations were manufactured by China at the end of the Stone Age ...
In its announcement, the US Treasury said: "China has a long history of facilitating an undervalued currency through protracted, large-scale intervention in the foreign exchange market.
But now he sees a new force emerging - a payment system created by the Chinese state and known as Digital Currency Electronic Payment (DCEP). It's really a digital version of China's official ...
[Photo/Xinhua] Offshore renminbi bond issuances more than doubled last year while panda bond issuances surged, highlighting the steady progress made by the Chinese currency in gaining traction in ...
The growth was mainly driven by the steady recovery of the Chinese economy, opening-up of the financial sector, stable monetary policy and stepped-up international currency cooperation ...