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China encourages dollar buying to slow yuan ascent
China encourages dollar buying to slow yuan ascent
FRIDAY, FEBRUARY 27, 2026
PBOC takes steps to slow the yuan's rapid rise by removing foreign exchange risk reserves for certain forward contracts, encouraging dollar buying to maintain a stable exchange rateYuan hits strongest since May 2023 on report China told banks to curb US Treasuries
Yuan hits strongest since May 2023 on report China told banks to curb US Treasuries
TUESDAY, FEBRUARY 10, 2026
Bloomberg reported that the yuan jumped to its strongest level since May 2023 after China was said to have asked banks to curb their holdings of US Treasuries.China weighs yuan-backed stablecoins in major policy shift
China weighs yuan-backed stablecoins in major policy shift
THURSDAY, AUGUST 21, 2025
China is considering permitting the use of stablecoins backed by the yuan for the first time, in what would mark a dramatic policy reversal and a fresh step to elevate the currency’s global role, according to people with knowledge of the matter.Hong Kong trials stablecoin, boosting digital yuan globally
Hong Kong trials stablecoin, boosting digital yuan globally
WEDNESDAY, AUGUST 20, 2025
Hong Kong passed a stablecoin law on August 1, trialling HKD Stablecoin in Sandbox to link digital yuan, expanding its global influence and reducing the dollar's role.Trump says Japan, China cannot keep reducing value of their currencies
Trump says Japan, China cannot keep reducing value of their currencies
WEDNESDAY, MARCH 05, 2025
US President Donald Trump said he told the leaders of Japan and China they could not continue to reduce the value of their currencies, as doing so would be unfair to the United States.Yuan global use faces test as Xi reforms rattle markets
Yuan global use faces test as Xi reforms rattle markets
WEDNESDAY, AUGUST 18, 2021
The Chinese yuan has been making inroads in the world of cross-border payments in recent years, but a pair of data points due this week will reveal whether the countrys sudden industry crackdowns have dented international trust in the currency.China explores digital yuan for cross-border transactions
China explores digital yuan for cross-border transactions
FRIDAY, APRIL 02, 2021
BEIJING - China is exploring ways to use its digital yuan for cross-border transactions to meet market demand, the central bank said on Thursday.China's yuan jumps to strongest since 2018 as optimism prevails
China's yuan jumps to strongest since 2018 as optimism prevails
WEDNESDAY, NOVEMBER 18, 2020
Officials: China unlikely to dilute fiscal stimulus package
Officials: China unlikely to dilute fiscal stimulus package
FRIDAY, NOVEMBER 13, 2020
Policymakers are unlikely to make any changes to China's existing fiscal stimulus package next year, but may focus on additional steps to bolster economic recovery, especially to improve people's livelihood and save jobs, officials from the Ministry of Finance said on Thursday.