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 ...
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 ...
Back in 2014, The Economist declared that “the globalisation of the [Chinese RMB] seems remorseless and unstoppable.” Notwithstanding hurdles in tracking remorse, we begged to differ—and were right. A ...
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.