In late 2015, China unveiled a new trade-weighted CFETS yuan index, saying the yuan's value should better reflect its trade and investment with multiple countries, not just the United States.

Meanwhile, the Chinese yuan — which many think is the biggest threat to the dollar — accounted for just 2.37% of reserves in the same period, with a high proportion of that being held by ...

Unlike the digital yuan, which is entirely under the umbrella of a central bank, stablecoins are blockchain-based and privately issued cryptocurrency tokens pegged to fiat currencies like the ...

China’s economy has been immensely successful by most measures. Its gross domestic product (GDP) of $17.7 trillion is second only to the United States. It’s also the third-largest trading ...

Despite China’s recent thrust to lure investors away from the dollar, the yuan’s international usage dipped in May, the report said, citing Swift’s RMB tracker.