Chatham House

China’s $1.2 trillion trade surplus will increase calls for a stronger renminbi. Don’t expect much

A stronger currency may be coming but policymakers in Beijing face two dilemmas that will limit their appetite for exchange rate appreciation.
The Diplomat

China’s Accelerating Efforts to Internationalize the Renminbi

In recent weeks, a cluster of news reports and commentary has drawn attention to China’s accelerating efforts to internationalize the renminbi (RMB). At the Lujiazui Forum in Shanghai, The New York ...
Asset Servicing Times

RMB a “top five” currency, says SWIFT

January’s SWIFT RMB Tracker covered the Renminbi (RMB) breaking into the top five world currencies used in global payments. The focus in February is on the use of RMB as currency for documentary ...
The New York Times

China’s Weak Currency Is Powering Its Exports and Drawing Criticism

China’s renminbi is lagging the currencies of key trading partners, making Chinese goods and services cheap and helping to drive exports. By Keith Bradsher Reporting from Beijing A night at the ...