News & Insights Across Asia
China’s industrial resilience and financial infrastructure are providing a crucial stability ‘dividend’ to a world grappling with supply chain shocks and energy insecurity, reshaping its global economic role.
At Sibos 2024 in Beijing, Standard Chartered CEO Bill Winters highlights a new era for global payments, emphasizing the rise of the renminbi and the evolving financial landscape.
PBOC Governor Pan Gongsheng emphasizes the need for balanced monetary policy adjustments to promote moderate price recovery and maintain the renminbi exchange rate within an appropriate range.
Maldives will soon allow import payments to be settled using China’s renminbi (RMB), enhancing trade ties between the two nations, as announced by Minister Mohamed Saeed.
