Foreign currency deposits then fell when the Fed raised rates to contain the post-pandemic surge in inflation in 2022 and ...

Forbes contributors publish independent expert analyses and insights. I write about how fintech is disrupting the financial industry. In early February, an important Chinese journal (Qiushi) published ...

If China were growing slowly, there would be no shortage of potential explanations. Free labor market in China? Not even close. The household permit system is an enormous impediment to free labor ...

THE YUAN is China’s currency but the world’s problem. It is troublesome not just because it is difficult to pronounce (you-en is closer to the mark than you-an, but if you say you-en, no one will know ...

BEIJING/SHANGHAI, Feb 27 (Reuters) - (This Feb 27 story has been refiled to say 'Technologies,' not 'Technoloies,' in paragraph 20) China's central bank moved to rein in the fast-rising yuan on Friday ...

LONDON, Feb 26 (Reuters) - With Washington raising barriers, China's push to shift trade toward Europe is running into one big demand: let the yuan rise against the euro and level the playing field.