renminbi

The U.K. is to to set up a renminbi clearing bank in London, as Britain tries to become the central hub for Chinese investment outside of Asia. more...

The Chinese yuan is likely to see continued volatility, as the PBOC seeks to keep hot money at bay, says Mitul Kotecha, Head of Global FX Strategy at Credit Agricole. more...

Aroop Chatterjee, FX Strategist at Barclays joins us live at SGX explains his bullish stance on the Chinese Yuan as the nation continues its re-balancing drive and growth slows. more...

During the debt-ceiling debacle, Washington pushed the U.S. economy close to an abyss. Now it is risking US-Chinese relations. more...

The Chinese renminbi was a more popular currency for company bond sales than the euro for the first time in the third quarter, underlining the debilitating effect of the eurozone’s sovereign debt crisis, while China has nurtured its own, potentially huge bond market. The Financial Times reports...

China is for the first time to give formal backing to moves by British banks to turn the City of London into an offshore trading center for the renminbi, UK government officials have told the Financial Times. more...

As concerns over the outlook for the Chinese economy intensify, currency traders have scaled back their bets that the renminbi will continue to strengthen against the U.S. dollar. The FT reports. more...