The US Treasury characterized the yuan as “substantially undervalued,” and called on China to allow its exchange rate to strengthen in a timely and orderly way https://t.co/TZG3Ua8Jp9 ...

Hong Kong will double the supply of yuan available for banks to borrow, in the latest step to meet growing demand https://t.co/X6xAt3W5sG ...

Currency Trends - China's yuan has appreciated to multi-year highs against currencies of major trading partners [1] Trade Implications - The yuan's appreciation poses a potential risk to China's export situation [1]

Currency Risk - The IMF has warned of currency risks for nations like Kenya and Ethiopia [1] - These nations are swapping dollar loans from China into yuan [1] - The swap aims to tame debt costs [1]

Policy & Regulation - China's central bank aims to further encourage overseas entities to finance in RMB (yuan) [1]

UK-based cross-border payment firm Ebury is looking to ramp up hiring in China, driven by local companies expanding trade overseas and the increasing use of the yuan in global commerce https://t.co/YIGf3SH1p5 ...

Geopolitical & Financial Strategy - China has established independent financial infrastructure [1] - China can now engage in international transactions bypassing the US dollar system [1] Yuan Implications - The development impacts the yuan's role in global finance [1]

Yuan Internationalization - China has established its own financial infrastructure, enabling transactions without relying on the US dollar system [1] - This development has implications for the Chinese Yuan (CNY) [1]

Geopolitical & Financial Strategy - China has established independent financial infrastructure [1] - This infrastructure allows China to conduct international transactions outside the US dollar system [1] Yuan Implications - The development impacts the yuan's role in global finance [1]

Yuan Internationalization - China has established its own financial infrastructure, enabling transactions without relying on the US dollar system [1] - This development has implications for the yuan's role in international finance [1]