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- Aiming at the Dollar, China Makes a Pitch for Its Currency
The governor of China’s central bank outlined a plan on Wednesday for a global financial system that relies on several major currencies, not just the dollar, as Beijing steps up its campaign to
- China pitches digital yuan to challenge dollar-led global . . .
China has stepped up its efforts to reshape the global monetary order by promoting the renminbi as part of a "multi-currency system" that reduces the dominance of the US dollar At the Lujiazui Forum in Shanghai this week, People’s Bank of China Governor Pan Gongsheng said the international system is shifting towards a structure where several
- China’s central bank chief expects new currency order to . . .
China’s central bank governor has said he expects a new global currency order to emerge after decades of dominance by the US dollar, with the renminbi competing in a “multi-polar international
- China’s central bank throws weight behind new, emerging . . .
China also announced a new digital renminbi operations center in Shanghai, expanding its digital currency program internationally And in a move to link mainland and offshore money markets
- China Makes a Pitch for Its Currency - Political Wire
China Makes a Pitch for Its Currency June 18, 2025 at 1:00 pm EDT By Taegan Goddard Leave a Comment “The governor of China’s central bank outlined a plan on Wednesday for a global financial system that relies on several major currencies, not just the dollar, as Beijing steps up its campaign to weaken the U S dollar’s primacy,” the New
- China will boost the yuan’s global reach with new operations . . .
The announcement at the Lujiazui Forum comes as China accelerates efforts to expand the global use of its currency amid growing US tensions Reading Time: 3 minutes Why you can trust SCMP
- China talks up digital yuan in push for multi-polar currency . . .
The head of China's central bank pledged to expand the international use of the digital yuan and called for the development of a multi-polar global currency system, where several currencies
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