Yuan

Economy

Xi Wants a Strong-Looking Yuan. China’s Economy Keeps Holding It Down.

Plus, Beijing accelerates its buildup in space and a drone maker cleans 28 tons of waste from Mount Everest.

5 min read4 Aug 2026
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Videos

How China Is Luring The World Towards YUAN Dependence | How Iran War Acted Like A Display Of Intent

Overall, the yuan’s share of global trade finance tripled over the past five years to 6% in April, according to data from Swift. It has been the second most-used currency in such financing for most of this year, ahead of the euro and behind the dollar. #dollar #china #yuan #renminbi #xijinping #iran #hormuz #russia #curren

26 Jun 2026
Global

China is luring the world to the yuan—and hobbling western sanctions

Iran and Russia have used the currency to carry out oil sales and other trade, evading controls on dollar transactions.

13 min read24 Jun 2026
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Opinion

Andy Mukherjee: China’s dream of currency supremacy—Has the war in West Asia helped its cause?

China’s bid to unseat the dollar is unfolding in the shadows of war, sanctions and oil deals. Although the greenback is still king, the more the US throws its weight around, the less secure its currency’s future might be. This war’s consequences may be larger than many suspect.

4 min read10 Apr 2026
Markets

CNPC Capital, Lakala Payment lead rally in Chinese stocks on yuan fee reports in Strait of Hormuz

Shares of Chinese payment firms surged following news of yuan being accepted for tolls in the Strait of Hormuz. This signals China's efforts to internationalize the yuan and potentially attract more global investments amid ongoing conflicts in Iran.

1 min read3 Apr 2026
Videos

How Yuan Payments For Oil Passage Through Strait of Hormuz Can Harm The US Dollar | Explained

Iran is not merely proposing that some bilateral trade occur in yuan. It is proposing that access to the world’s most critical energy chokepoint be conditional on currency denomination. The practical consequence, if even partially adopted, would be a bifurcated global oil market. #iran #yuan #china #dollar #trump #hormuz #oilcrisis #iranwar #oilcrisis #ship #geopolitics #khamenei #middleeast #gulfthisweek #gulf

20 Mar 2026
Opinion

Andy Mukherjee: Is China’s interest-paying e-CNY going to challenge the almighty US dollar?

The greenback’s dominance looks intact but China has made a bold move by opting to pay interest on holdings of its digital currency. Together with cross-border linkages that bypass the US-dominated Swift system, it could yet stir a mutiny against the dollar.

3 min read11 Feb 2026
Opinion

Greenbackslide: The US dollar has fallen but its dominance is unlikely to end anytime soon

As Trump talks down the dollar and China hopes to replace it with the yuan as the world’s top reserve currency, scepticism over the greenback’s future has grown. No doubt US deficits and debt have ballooned, but the dollar isn’t too wobbly and America will probably re-adopt its strong-dollar stance.

4 min read9 Feb 2026
Global

China’s central bank sets strongest Yuan fixing in almost three years

China’s central bank set the strongest guidance rate for the yuan in almost three years, suggesting it will allow its currency to gradually appreciate even while trying to avoid hurting exporters.

2 min read23 Jan 2026
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Global

Fed turmoil is threatening dollar supremacy just as China pushes the Yuan

Economists see a politicized central bank damaging investor confidence in the U.S. system while Beijing advances in globalizing its currency.

5 min read18 Jan 2026
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