Chinese yuan

95% of trade between the countries is now settled in their national currencies, according to Andrey Belousov ©  Getty Images…

Low interest rates have sparked a global rush to borrow in China, the outlet has said ©  Getty Images/XiXinXing Global…

Western trade restrictions have led to an increased usage of the Chinese yuan at the expense of the greenback, the…

The Chinese yuan is preferred over the dollar and the euro, according to a survey © Getty Images / Peter Dazeley…

The action was reportedly taken at the behest of the central bank and aimed at slowing down the yuan’s depreciation…

The renminbi was used in 49% of Beijing’s international settlements last quarter, figures have shown © Getty Images / hudiemm The…

Members of the Shanghai Cooperation Organization (SCO) should also focus on developing sovereign digital currencies, President Xi Jinping has said…

The Chinese currency has been gaining a foothold amid increasing de-dollarisation © Getty Images / Bloomberg Creative The share of the…

Roughly 70% of all transactions between the two nations are carried out in the ruble and yuan, a prominent businessman…

CEO of Russia’s state-run bank VTB Andrey Kostin points to the inevitable rise of the Chinese yuan © Global Look Press…