Yuan Internationalization

China Issues 12 Billion Yuan in Treasury Bonds in Hong Kong

My News2024-03-1303 mins

China’s Ministry of Finance has issued 12 billion yuan of treasury bonds in Hong Kong, offering competitive rates to international investors and reinforcing Hong Kong’s role as a financial hub.

China’s RMB Rises Globally Amid Financial Transformation

My News2023-10-3104 mins

China’s RMB is gaining global acceptance as the country expands its financial influence. With new clearing banks and increased cross-border transactions, the yuan is rising internationally.