There has been surprising advancement in global use of the renminbi (RMB), and this trend is expected to persist, according to the Central Bank Report re…
In the course of recent decades China's reform in various aspects and the opening-up policy have made its economy growth noticeable worldwide. In an...
In the course of the most recent decade, China has been moving quickly to internationalize its currency renminbi. China has made necessary fundamental infrastructure to enable future ca…
In terms of cross-border payments, the U.S. dollar and euro remain the top-2 currencies used, significantly ahead the British pound and the Japanese yen,...
There are indications that the renminbi, often abbreviated RMB, might have played a growing role in influencing the exchange rates of other Asian currencies...
Renewable energy is viewed as a viable solution to many problems we face today. Natural disasters associated with climate change, achieving energy independence and...
The initial thought of the New Silk Road project, officially launched by Chinese president Xi Jinping in 2013, is to vitalize the ancient silk roads, which provided trade links between Asia and Europe for hundreds years long time ago. Consist…
Notwithstanding the insufficient financial infrastructure support in place currently, renminbi is on an uptrend with respect to its global presence. China has been utilizing...
RMB Internationalization is Making Remarkable Progress
There has been surprising advancement in global use of the renminbi (RMB), and this trend is expected to persist, according to the Central Bank Report re…