China's military alliance with Russia and North Korea poses threats beyond warfare as central banks stockpile gold to undermine the U.S. dollar's dominance.

China’s yuan has tightened its grip on global currency markets, rising to 8.5% of all foreign exchange trades this year and keeping its fifth-place ranking worldwide, according to the Bank for International Settlements (BIS) in its 2025 Triennial Central Bank Survey.

China's experimental $1.5 million giveaway of digital yuan to Shenzhen citizens ended on Sunday with acclaim from currency analysts - and scepticism from some users saying they preferred existing shopping tools like the ubiquitous Alipay app.

China is advancing renminbi internationalisation by enhancing financial integration regionally, expanding currency swap agreements, promoting bilateral trade settlement in renminbi and developing the Cross-Border Interbank Payment System.

China’s central bank has opened a digital yuan operations center in Shanghai featuring platforms for cross-border payments, blockchain technology and digital assets, marking another step in the country’s push for global adoption of its currency.

(Reuters) -China is considering allowing the usage of yuan-backed stablecoins for the first time to boost wider adoption of its currency globally, sources familiar with the matter said, in a major reversal of its stance towards digital assets. The State ...

Chinese Business Lobbies Resist Reform The Washington Post's John Pomfret writes, "It used to be that Chinese officials complained about the Byzantine decision-making process in the United States. Today, from Washington to Tokyo, the talk is about how ...

No single digital currency will dominate global transactions if central banks strive to enhance their own settlement systems, a senior Bank of Japan official said, brushing aside fears China's rapid progress on a digital yuan could upend markets.