China’s national currency, the renminbi, remains significantly undervalued, giving the country a competitive edge in global markets. At the same time, this monetary stance carries substantial risks for the world’s second-largest economy.
By Marcel Grzanna
The Chinese national currency remains significantly undervalued. This gives China an advantage in the global markets. However, this monetary policy also harbors considerable risks for the second-largest economy.
By Marcel Grzanna
Following high-level talks, Singapore and China announced 27 bilateral agreements spanning areas from healthcare to digital services. Among them is a pilot project that will allow travelers from Singapore to pay in China using the digital renminbi.
By Yi Ling Pan
China's three renminbi bond markets offer low-cost financing options for climate projects in the Global South, while traditional donors are increasingly withdrawing.
By Ma Jun and Sean Kidney
The ECB is extending its swap agreement with China for a further three years. This is intended to cushion market distortions that could also cause difficulties for European banks.
By Redaktion Table
