China yuan

China is keen for the yuan to become more widely used in global trade and investment.

(Aug 5): Asian shares slid to 6-1/2-month lows on Monday and the yuan plunged as a rapid escalation in the Sino-U.S. trade war drove nervous investors to safe-havens such as the yen, bonds and gold.

(Jan 10): As the end of People’s Bank of China Governor Zhou Xiaochuan’s term approaches, a firmer yuan and calm markets are providing a window to get some of his long-term reforms back on track.

(Sept 18): The yuan’s surge this year is proving a double-edged sword, risking hurting the nation’s exports even while boosting the chances of currency and capital control reforms.

(July 19): China raised its holdings of US Treasuries for a fourth straight month, a sign the nation is rebuilding its foreign-currency reserves as the yuan stabilises. China, the second-largest holder of Treasuries, held US$1.10 trillion ($1.51 trilli

(June 12): Investors who fret about when and how global central banks will run down their crisis-era balance sheets can be relaxed about the biggest of them all – China’s.