China’s fight to save the yuan is driving up borrowing costs and draining cash. The central bank is tightening liquidity, ...
Bank workers in Kunming spent eight hours counting 5,000 yuan in one jiao (0.1 yuan) coins thanks to a Chinese man who paid an assault fine with some serious spite. Last year, a woman with the ...
The Taiwan dollar is on the verge of overtaking the yuan as Asia’s best carry-trade target given its lower risk of ...
China’s central bank digital currency was once one of the industry’s hottest topics, but 2024 saw a relatively quieter year for the digital yuan. Still, Winston Ma, an adjunct law professor at ...