Hong Kong arm of China's second-largest fund firm China Asset Management (ChinaAMC) on Thursday rolled out the world's first renminbi-denominated tokenised money fund.

Chinese state banks have been consistently accumulating foreign assets. The direction of pressure on China’s currency has changed; without backdoor intervention, it would now be getting stronger.

There are two key obstacles hindering BRICS from translating its vision of a common currency into reality. First is that some ...

May 2021 was a dark day for cryptocurrency. In the wake of the unimaginable rise in digital assets, investors have ...

China’s economy operates very differently from most Western economies, and one of the most controversial aspects of its system is currency manipulation. The Chinese government has been accused of ...

Neoliberal globalized capitalism spread across the globe at the turn of the 1990s following the fall of the Berlin Wall, the end of the Warsaw Pact, and ...

The milestone Payment Connect program launched in China on Sunday offers a more convenient and cost-effective solution for cross-boundary transactions, said experts and residents, who highlighted its ...

Global South's history, aspirations, and challenges, with a focus on BRICS as a key player in reshaping global dynamics.

Today, the dollar sign is a symbol of American power. Learn how this unusual character evolved from colonial currency to the ...

TOKYO-Nintendo's new Switch 2 videogame machine uses a rare-earth magnet to attach its hand-held controllers to the main console, according to a teardown, highlighting the company's vulnerability to ...

As the People’s Bank of China seeks a bigger role for the yuan on the global stage, ignoring stablecoins could put the ...

The financial system of the People's Republic of China operates under an intrinsic logic of collective interest, economic ...