According to the People’s Bank of China’s 2015 Renminbi Internationalization Report, the RMB was the world’s 5th most used payment currency, the 2nd most used trade finance currency ...

VIENTIANE, April 28 (Xinhua) -- The Bank of China (Hong Kong) Vientiane Branch hosted a seminar on the internationalization of the Chinese currency renminbi (RMB), focusing on new opportunities and ...

China has been steadily working to elevate the international profile of the RMB. Though progress has been gradual, it carries ...

For China, it represents a strategic step in the RMB's internationalization, particularly in filling a gap in Latin America. For Argentina, the world's leading exporter of agricultural products ...

BEIJING, March 12, 2025 /PRNewswire/ -- A news report from chinadaily.com.cn： Stephen Law Cheuk-kin, a member of the National Committee of the CPPCC, emphasized Hong Kong's role in RMB ...

By allowing renminbi to flow offshore uncontrolled ... are straying from the normal sequence of steps toward currency internationalization. Why might that be? In this Center for Geoeconomic ...

As economic uncertainty and geopolitical tensions reshape global finance, corporate CFOs and treasurers are turning to the renminbi (RMB) to bolster liquidity management and tap cost-effective capital ...

When we focus on the period before renminbi internationalization policies increased renminbi invoicing, we find that the DCP framework no longer has explanatory power, but the bilateral RMB exchange ...

alongside substantial progress in its internationalization strategy. Annual Highlights： In 2024, the Company continued to execute on strategic priorities, contributing to net revenues of RMB 54. ...