yuan
Coverage of yuan in the Nexus archive.
- Chinese profit-taking triggers record gold ETF outflows amid shift to equities
Chinese investors withdrew a record $2.91 billion from domestic gold ETFs in June as a stock market surge and strong yuan reduced demand for gold, leading to a shift towards higher-risk, higher-return assets, according to the World Gold Council.
- Chinese profit-taking triggers record gold ETF outflows amid shift to equities
Chinese investors withdrew a record $2.91 billion from domestic gold ETFs in June, driven by a stock-market surge and a strong yuan reducing gold's appeal. The World Gold Council attributed the outflows to improved risk appetite, with investors shifting to higher-risk, higher-return assets.
- China breaks step with global markets, and investors buy in
China's markets are diverging from global trends, offering steady returns amid geopolitical and tech-driven volatility. Investors are shifting toward Chinese assets as a diversification tool, driven by a strong bond market, yuan appreciation, and reduced reliance on U.S. rate cycles or AI-driven growth.
- China Touts Yuan as US Ups Strong Dollar: 3-Minutes MLIV
China is promoting the yuan as the United States increases its strong dollar policy.
- HKMA urges banks to widen scope of yuan use as currency’s global reach expands
Hong Kong’s financial authorities urged banks to expand the use of the yuan in corporate financing, investment, and cross-border trade to strengthen Hong Kong's position as an offshore hub against Shanghai and Singapore. HKMA chief executive Eddie Yue called for deeper integration of the yuan in daily trade settlements and other financial activities.
- Yuan Rally Bets Fade as Options Traders Turn Bullish on Dollar
Bets on a rally in the Chinese yuan have weakened as options traders show increased optimism about the U.S. dollar. The article references Chinese one-hundred yuan banknotes in its content.
- T. Rowe’s Chung Sees Pullback in ‘Expensive’ Yuan After Rally
T. Rowe's Chung anticipates a decline in the 'expensive' yuan following a recent rally. The analysis suggests a potential correction in the currency's value after increased gains.
- Yuan's growing clout undermines Washington
The yuan’s growing influence is reducing Washington’s ability to enforce sanctions on geopolitical rivals like Iran and Russia, which are using yuan, cryptocurrency, and a Chinese alternative to the Swift banking network. The yuan’s share in global trade finance has tripled in five years to 6%.
- China Weakens Yuan Fixing for Fourth Session as Dollar Advances
China has weakened the yuan's fixing for the fourth session as the dollar advances. The article mentions yuan banknotes and a photographer.
- The panda bonds: how China uses assets to boost yuan’s profile, cement partnerships
Brazil is set to issue panda bonds, yuan-denominated debt in China, joining other countries in leveraging China's currency for fundraising. Analysts view Brazil's participation as a milestone for China, which aims to boost the yuan's profile and strengthen partnerships through such financial instruments.
- Germany hews EU’s tough China line with call for ‘Plaza Accord’ talks on yuan
German Chancellor Friedrich Merz stated the Chinese yuan is undervalued by 30%, exceeding the IMF's 16% estimate, and accused China of flooding markets with subsidized products and non-convertible currency. He called for 'Plaza Accord'-style negotiations to address these economic practices.
- Trade between Africa and China surged in 2025
Trade between Africa and China surged in 2025, driven by China's removal of tariffs on African imports, leading to an 18% increase in bilateral trade. The growth reflects competition between China and the US for influence in Africa, particularly over mineral resources, as the Trump administration cut aid and threatened tariffs, pushing African nations closer to Beijing.
- China touts new finance tools to fend off sanctions
Chinese officials announced new anti-sanctions measures and initiatives to increase the international use of the yuan during a major financial conference. Vice-Premier He Lifeng highlighted a draft financial law aimed at countering 'groundless suppression' through blocking provisions and countermeasures.
- Hong Kong to Launch China Bond Futures to Promote Yuan
Hong Kong is launching China Bond Futures to promote the Yuan. China's central bank halted cash withdrawals via medium-term loans to boost the economy during the Communist Party’s twice-a-decade leadership congress.
- PBOC Launches Tool to Boost Yuan Use by Other Central Banks
The People's Bank of China (PBOC) has launched a tool to encourage other central banks to increase the use of the yuan. The initiative aims to promote the currency's adoption in international financial transactions.
- 95% of overseas firms expect to sustain or boost use of the yuan: Bank of China poll
Over 95% of overseas companies plan to maintain or increase cross-border yuan settlements in the coming year, according to a Bank of China poll. The report highlights growing global business interest in the yuan as part of Beijing's efforts to internationalize the currency.
- As de-dollarisation trends persist, can the yuan take the euro’s place?
China's yuan-denominated cross-border payment system, CIPS, set a record transaction volume of 1.22 trillion yuan ($180.3 billion) on April 2 after US President Donald Trump threatened Iran. The surge followed increased adoption of yuan settlements by oil-producing nations.
- Mainland China set to raise US$2.2b in Hong Kong bond sale amid demand for yuan assets
Mainland China's Ministry of Finance plans to issue 15 billion yuan ($2.2 billion) in sovereign bonds in Hong Kong next week, its third issuance this year, to strengthen Hong Kong's role as the world's largest offshore yuan trading hub. Analysts anticipate strong demand due to the yuan's appreciation and international investors seeking portfolio diversification amid geopolitical tensions.
- China’s Yuan Rises to Highest Level Against Basket Since 2022
China’s yuan has reached its highest level against a basket of currencies since 2022, reflecting recent economic performance and monetary policy trends.
- China’s investment-driven role in global growth is underestimated, study says
A study by the China Finance 40 Forum (CF40) suggests China's contribution to global growth is underestimated, with its investment scale up to 3.4 times that of the U.S. The yuan is projected to become a fundamentally strong global currency, according to the analysis.
- For a yuan in deeper markets, ex-Fed’s Evans cites dollar playbook amid risks, criticism
Former Federal Reserve Bank of Chicago president Charles Evans suggests China can internationalize the yuan by deepening domestic financial markets, drawing parallels to the evolution of the US dollar and euro. His comments highlight lessons from the dollar's and euro's development as part of broader discussions on yuan's global role.
- China’s yuan hits 3-year high as global banks issue bullish forecasts
China's yuan has reached its strongest level against the US dollar in over three years, with the People's Bank of China setting the midpoint rate at 6.8349. Global banks are expressing increasingly bullish forecasts for the Chinese currency following recent appreciation in offshore yuan trading.
- Mounting Exporter Strain Risks Complicating China’s Yuan Policy
China's yuan policy is at risk due to mounting exporter strain, which may complicate the country's economic decisions. The strain is affecting China's economy and potentially influencing its monetary policies. This situation could have significant implications for global trade.
- China lags the US in financial power, expert argues
Financial Times columnist Ruchir Sharma argues that despite China's military and economic strength, the US maintains superior financial power through dollar dominance in global markets. The yuan accounts for only 2% of global foreign exchange reserves compared to the US dollar's 58%, limited by China's tightly controlled financial system. Sharma contends China remains an incomplete superpower without matching the US's financial influence.
- Mainland Chinese demand for Hong Kong homes grows on yuan gains and rising rents
Mainland Chinese buyers purchased 5,777 Hong Kong homes in the first four months of 2026, representing over 41% of last year's total transactions. April saw a sharp surge with mainland Chinese registrations rising 48% month-on-month to 1,892 deals, driven by aggressive new home launches, rising rents, and expectations of yuan appreciation.
- Ecobank Seeks Yuan Link to Trim Dollar Dominance in Africa Trade
Ecobank seeks to link with Yuan to reduce dollar dominance in Africa trade, Rwanda's GDP growth estimate was cut to 5.8% due to expected flooding, slowing economic expansion.
- Offshore Yuan Posts Best Win Streak Since 2017 as Summit Begins
The offshore yuan has achieved its best winning streak since 2017 as a summit begins. This indicates a positive trend in the currency's performance. The employee counting Chinese one-hundred yuan banknotes symbolizes the growth.
- Morgan Stanley Sees Yuan Rally Slowing, Diverging From Bulls
Morgan Stanley predicts a slowdown in the yuan rally, diverging from bullish expectations. The yuan's performance is expected to stabilize. This change in forecast may impact investor decisions.
- A US-China currency war is simmering
The yuan has strengthened to a three-year high against the dollar amid expectations of improved US-China relations. Goldman Sachs predicts the currency will continue strengthening as China seeks greater international prominence for the yuan, while the US works to maintain dollar dominance through currency swap agreements with Gulf and Asian partners.
- Central Banks Tap Most Yuan Swap Lines With PBOC in Two Years
Central banks have tapped the most yuan swap lines with the People's Bank of China in two years, as China maintains a tight grip on the yuan. The daily reference rate has been used to manage sentiment toward the currency and its Asian peers. An overnight rally in the dollar has threatened to derail sentiment.
- Goldman Says Yuan 20% Undervalued, Boosts Currency Forecasts
Goldman Sachs boosted its currency forecasts, stating the yuan is 20% undervalued. China maintains a tight grip on the yuan through its daily reference rate. The overnight rally in the dollar threatens to derail sentiment toward the managed currency.
- How America boosted the yuan
The article from The Economist explores how American policies have inadvertently strengthened the value of the yuan. It highlights the interconnectedness of global economic actions and their impact on international currencies.
- Is The Yuan Ready To Meet The Moment?
The article examines the readiness of the Chinese yuan to address current economic challenges or opportunities, focusing on its role in global finance and potential strategic shifts.
- Yuan Rally Seen Facing Summer Test Early as Record Payouts Loom
The yuan's rally is expected to face a test in the summer due to record payouts, which could create pressure on the currency. Analysts suggest these payouts may challenge the yuan's recent strength.
- Yuan Gains Weigh on Chinese Earnings as Forex Losses Mount
The appreciation of the yuan is negatively impacting Chinese companies' earnings due to rising foreign exchange losses. Currency gains are creating financial strain as businesses face increased costs from currency fluctuations.
- How global can the yuan get?
The article discusses the potential for the Chinese yuan to gain global traction, noting that geopolitical tensions (referred to as 'anxiety of war') have positively impacted its adoption.
- Yuan to Surpass Yen in Global Currency Options Trading, LCH Says
The Chinese yuan is projected to surpass the Japanese yen in global currency options trading volume, according to LCH. This shift reflects growing demand for RMB-based derivatives and increased confidence in China's financial markets.
- China Exporters Beset by Yuan Surge Look to Sell Dollar Rallies
China exporters are facing challenges due to a surge in the yuan, prompting them to sell dollar rallies to mitigate currency risks. The rising yuan is making their exports more expensive, affecting competitiveness in international markets.
- China to Begin Special Bond Sales With Record 30-Year Offering
China is launching special bond sales, including a record 30-year offering, while maintaining strict control over the yuan's exchange rate amid a strong dollar. The managed currency's stability is being closely monitored against potential market disruptions.
- China Moves to Slow Yuan Rally by Cooling Fixing Volatility
China is taking steps to slow the appreciation of the yuan by reducing volatility in its fixing rate. The central bank aims to manage currency fluctuations to prevent excessive gains.