The People’s Bank of China (PBOC) set the USD/CNY central rate for the trading session ahead on Friday at 7.1535 as compared ...

JD.com and Ant Group lobby China’s central bank to approve offshore yuan stablecoins, boosting yuan’s role in global payments ...

BEIJING, July 4 (Xinhua) -- The People's Bank of China (PBOC), the country's central bank, on Friday began to solicit public opinions on a set of draft rules for the Cross-Border Interbank Payment ...

Asia Market Update: US equities celebrate good data and “OBBB” tax bill; Asian equities less so; Markets now squarely focused ...

JD.com and Ant Group are lobbying China’s central bank to authorize yuan-based stablecoins in Hong Kong. Chinese tech firms are engaging with regulators to shape ...

On July 4, 2025, the U.S. Dollar trades unevenly across key markets as strong economic data clashes with rising trade policy ...

China eyes a yuan stablecoin to counter dollar tokens. JD.com and Ant Group back offshore plans via Hong Kong for wider ...

China is pursuing a strategy of selective RMB integration – eschewing full capital account liberalization and avoiding a ...

China ranks fourth in terms of its global financial competitiveness this year, following the United States, United Kingdom ...