yuan

China Aims To Open Domestic FX Market
China Aims To Open Domestic FX Market
March 06, 2017  |  B2B Payments

China’s Forex regulator wants the nation to open up its domestic market, reports said Friday (Mar. 3). An article in a publication owned by the...

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Chinese Foreign Exchange Reserves At 6-Year Low
Chinese Foreign Exchange Reserves At 6-Year Low
February 08, 2017  |  International

China’s foreign exchange reserves have slipped below the $3 trillion mark, as measured in January. The latest tally is the lowest in roughly six years, The...

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World Use Of Renminbi Declines
World Use Of Renminbi Declines
January 30, 2017  |  B2B Payments

The use of China’s renminbi for international payments saw a swift and steady incline over the last few years, but new data suggests the yuan’s...

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Chinese Tourists May Spend £11M In UK During Chinese New Year
Chinese Tourists May Spend £11M In UK During Chinese New Year
January 27, 2017  |  Retail

With the Year of the Rooster coming in a few weeks, Chinese visitors to London could spend more than £11 million. According to data from Worldpay,...

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Why Chinese Banks Are Selling Dollars To Corporates
Why Chinese Banks Are Selling Dollars To Corporates
December 06, 2016  |  B2B Payments

Corporates offloading Chinese renminbi overseas have local banks scrambling to stunt the outflow of local currency, according to reports. For the fifth day in a...

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Yuan Slips In Trade Finance Popularity
Yuan Slips In Trade Finance Popularity
November 28, 2016  |  B2B Payments

The euro has surpassed the Chinese yuan in terms of use for trade finance, according to the latest SWIFT RMB Tracker. SWIFT released its tracker late...

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China Tops Treasurers’ List Of Worries
China Tops Treasurers’ List Of Worries
September 30, 2016  |  B2B Payments

A new survey by JPMorgan finds corporate treasurers consider China’s recent currency exchange rate reforms to have had the most impact on their businesses. Reports...

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