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rmb

  • Chinese Exporters Rejecting Yuan
    Chinese Exporters Rejecting Yuan
    Commentary As the yuan weakens, Chinese citizens and businesses seek ways to avoid their own country’s currency. Since about 2014, the U.S. dollar has consistently strengthened compared to the Chinese ...
    May 7, 2024BY Antonio Graceffo
  • Chinese Yuan Fluctuates, Depreciation Pressure Deepens
    Chinese Yuan Fluctuates, Depreciation Pressure Deepens
    The RMB will depreciate further as the CCP may “monetize the fiscal deficit” of the state.
    April 10, 2024BY Bin Zhao and Lynn Xu
  • State-Owned Banks Dump Stocks of Dollars to Rescue Yuan as Chinese Economy Deteriorates
    State-Owned Banks Dump Stocks of Dollars to Rescue Yuan as Chinese Economy Deteriorates
    As the Chinese renminbi (or interchangeably the yuan) exchange rate moved toward weakening, China’s state-run banks were scrambling ...
    August 21, 2023BY Jessica Mao and Lynn Xu
  • ANALYSIS: China’s Economy Stuck in Deeper Crisis Due to More State Interventions
    ANALYSIS: China’s Economy Stuck in Deeper Crisis Due to More State Interventions
    News Analysis The devaluation of China’s currency, the yuan, has plummeted to its lowest point this year due ...
    July 1, 2023BY Kathleen Li and Lynn Xu
  • China’s State Media Claims De-Dollarization Improves RMB’s International Status
    China’s State Media Claims De-Dollarization Improves RMB’s International Status
    The U.S. dollar has long been recognized as the leading global reserve/fiat currency. But recent hardships posed by ...
    May 9, 2022BY Kathleen Li
  • PBOC Intervention Fails to Halt RMB Decline
    PBOC Intervention Fails to Halt RMB Decline
    The onshore exchange rate of RMB against the U.S. dollar stopped falling briefly on April 26 under the ...
    April 30, 2022BY Kathleen Li
  • CCP’s Digital RMB Currency Controls All Spending
    CCP’s Digital RMB Currency Controls All Spending
    The CCP has been heavily promoting digital RMB and has recently announced major trials. This has aroused public ...
    August 22, 2020BY Epoch Video
  • Promoting Digital RMB to Circumvent US Sanctions
    Promoting Digital RMB to Circumvent US Sanctions
    US President Trump called it terrible that the CCP is damaging freedom of the press in Hong Kong. ...
    August 19, 2020BY Epoch Video
  • China Actually Has Two Currencies—And It’s Fiddling Around With Both
    China Actually Has Two Currencies—And It’s Fiddling Around With Both
    If you micromanage the economy, one currency just doesn't cut it
    September 10, 2015BY Valentin Schmid
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