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Chinese Yuan news

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China's Yuan Keep Getting Bigger, But Dollar Not Giving Up The Throne
The international of the Chinese yuan continues unabated. While it is unclear whether or not the new Asian Infrastructure Investment Bank will issue loans purely in the Chinese currency (it's other investment bank project with the BRICS is dollar based ...
China Central Bank Guides Yuan Higher as Economy Slows  Wall Street Journal
Exclusive: China plans greater yuan convertibility inside and outside FTZs  Yahoo Finance UK
Momentum Builds to Label Chinese Yuan a Reserve Currency
China is gaining support from key U.S. allies in its push to gain reserve-currency status for the yuan, but opposition from the Obama administration threatens to upend Beijing's bid to flex more muscle in the global economy.
China Moving Towards Reserve Currency Status  Live Trading News
China knocking on door of IMF's major league, US wavers  Yahoo News UK
China's Yuan as a Rival to the US Dollar? It's Closer Than You Think
American strategic economic leadership, to an unappreciated extent, rests on the central role the dollar plays in the global financial system, as the latest Capital Account column argues.
China says to accelerate reforms to support yuan in IMF currency basket  Reuters
Chinese yuan forward contracts hit 3-month peak as depreciation fears recede  South China Morning Post (subscription)
Use of China's Yuan as Global Payment Currency Falls
China suffered a second setback in as many weeks in its drive to boost the use of its currency abroad, even as the country steps up efforts to open up its capital account.
Fall in use of Chinese yuan for international payments  Treasury Insider
China yuan falls to seventh place in global payment rankings: SWIFT  Economic Times
Jack Lew: China's currency is not ready for prime time
U.S. Treasury Secretary Jack Lew said Tuesday that China's yuan is not yet ready to join an elite grouping of currencies used by the International Monetary Fund.
China lobbies US to include yuan in IMF's reserve assets  South China Morning Post (subscription)
Hong Kong firms, Chinese yuan moves up versus US dollar
The People's Bank of China set the benchmark mid-point rate for the yuan at 6.1281 against the US dollar, up 9 basis points (BPs) from Wednesday.
Hong Kong Buys $5.85 Billion This Month to Defend Currency Peg  Bloomberg
Hong Kong buys $5.85bn to maintain currency peg | World Finance  World Finance
Why China Wants Yuan to Be the World's 5th Reserve Currency
(Bloomberg) -- China is a step closer to obtaining Special Drawing Rights status for its currency from the International Monetary Fund, a move that would see the yuan joining the greenback, euro, yen and British pound. At a forum on Sunday, central ...
Don't Ignore China's Yuan Liberalization
Chinese yuan's inclusion in IMF's SDR 'very live' issue - UK ...  Yahoo News UK
Offshore Chinese yuan gains for first time in almost a week
Offshore yuan strengthened on Wednesday for the first time in almost a week as foreign investors turned more optimistic over the currency's performance as China announced further monetary easing to shore up the economy. The offshore yuan fell by 46 ...
Yuan Gets JPMorgan Imprimatur as Bank Updates Currency Indexes  Bloomberg
China's bull market 'has just begun', not a bubble: People's ...  Reuters
The Yuan Comes to Europe as LSE Hosts ETF Tracking Chinese Money
(Bloomberg) -- A Chinese bank has launched the first money-market fund denominated in yuan that's based in Europe, a milestone in the currency's emergence as a major force in world markets. China Construction Bank Corp.'s new exchange-traded fund, ...
Half of China's total trade to be settled in yuan by 2020-HSBC CEO  Reuters
China Sets Its Sights on Joining the IMF's Special Currency Club
Groucho Marx once famously said he didn't want to belong to any club that would accept him as a member. China clearly holds a different view.