The findings also add a nuance to the global currency war, which in some quarters is seen as a result of the Federal Reserve’s super-easy monetary policy stance and its desire to push the USD lower.

Update: The story was updated with tentative bond value. E-commerce giant Alibaba (NYSE:BABA) to offer U.S. dollar-denominated senior unsecured notes and RMB-denominated senior unsecured notes, ...

In October, media reports suggested mining giant BHP had accepted a deal to settle about a third of its spot iron ore sales to Chinese customers in China’s own currency, the renminbi (RMB), rather ...

China's stimulus package has boosted market sentiment and pushed the Chinese yuan to a 16-month high. The People's Bank of China cut interest rates and reduced bank reserve requirements. But a strong ...

The ongoing trade tensions between the United States and China are playing out throughout different forex markets as the dollar continues to lose value. But is a strengthened renminbi in China’s ...

The Diplomat author Mercy Kuo regularly engages subject-matter experts, policy practitioners, and strategic thinkers across the globe for their diverse insights into U.S. Asia policy. This ...

To borrow from the great JRR Tolkien, the USD/CNY story in April has been much like Bilbo Baggins’s autobiography from The Hobbit – There and Back Again. Ahead of the 'reciprocal' tariff announcements ...