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Kenya is in talks with China to convert dollar-denominated debt the East African nation owes its biggest bilateral lender to ...
Kenya is in talks with China to convert a dollar-denominated railway loan into Chinese yuan, an aide to the Finance Minister ...
China's plan to introduce an international payment system in Africa aims to promote the Chinese Yuan, challenging the US ...
China is preparing to consider yuan-linked stablecoins as part of its efforts to expand the currency's use worldwide, in what ...
The lion’s share of yuan transactions take place in Hong Kong. The U.S. dollar’s share as a global payment currency was over ...
The yuan may see further gains past 7 against the dollar, according to a top Chinese economist, as debate grows among market ...
If approved, the move would reduce pressure on Kenya's forex reserves Trump half-billion-dollar civil fraud fine overturned ...
(Reuters) -Bearish bets on China's yuan hit their highest since mid-May, with analysts turning short for the first time amid mounting concerns over the economy, a Reuters poll showed on Thursday.
The State Council - China's cabinet – will review and possibly approve a roadmap later this month for the greater usage of the currency globally, including catching up with a U.S. push on stablecoins.
Facing dollar dominance and capital controls, this move could reshape finance but risks remain. Will it trigger a global currency reset ...
China considers approving yuan-backed stablecoins to boost global yuan adoption and compete with US dollar-powered ...
The $250 billion stablecoin market, dominated by Tether’s USDT ($158 billion) and Circle Internet’s (NYSE:CRCL) USDC ($62 ...