In 2025, BOC's domestic branches handled about 18 trillion yuan in cross-border RMB settlements. The bank helped more than 30 overseas issuers launch panda bonds in China, underwriting nearly 38 ...

For China's yuan to be used more globally, the currency needs more "applications" such as stocks and bonds, Bonnie Chan, CEO of Hong Kong Exchanges and Clearing Limited, said on a panel Tuesday.

China’s two-speed economy and the internationalization of the renminbi suggest long-term opportunities may be found amid near-term challenges. The growth target and low-inflation environment suggest, ...

Even by the fast-paced standards of foreign currency trading, the rise of the Chinese yuan over the past decade has been extraordinary. In December 2013, the renminbi (RMB) overtook the euro to become ...

[Interpreted] Dear investors, analysts, and media friends, good afternoon. Welcome to the Bank of China 2023 Interim Results Release. I am Yu Ke, Security's Representative of BOC and General Manager ...

Using the renminbi to price major commodities such as oil may be "an indispensable step" in advancing the currency's global ...

Offshore renminbi deposits increased 87% year-on-year in 2011. At the end of December, they stood at Rmb588 billion ($191 billion) but they have declined in recent months. As two-thirds of renminbi ...