The conflict involving Iran has accelerated the use of the Chinese yuan in global oil trade and sparked a surge in demand for Beijing’s Cross-Border Interbank...
The surge in commercial and economic relations between Russia and China was underscored at the China-Russia Bilateral Trade and Investment Fair in Harbin, an event coinciding...
The focus on “strategic stability” at the summit between US President Donald Trump and Chinese President Xi Jinping is expected to ease geopolitical risks between China...
The People’s Bank of China (PBOC) set the yuan’s exchange rate against the US dollar at its strongest level in more than three years on Thursday,...
US oil executives are challenging a White House proposal that would permit Iran to levy transit fees on vessels passing through the strategic Strait of Hormuz...
The operator of an oil tanker stranded in the Persian Gulf recently received an enticing offer. As missiles and drones streaked overhead, the vessel—which had been...
Deutsche Bank has warned that US and Israeli military operations targeting Iran may mark a turning point for the dominance of the dollar in global oil...
The global financial system has reached a critical threshold where the post-Cold War order, established around the hegemony of the U.S. dollar, is no longer accepted...
The United States is pressing China to allow the yuan to appreciate, accusing Beijing of a lack of transparency and describing the currency as “significantly undervalued.”...
The Chinese government has published its third policy paper on Latin America and the Caribbean (LAC), aiming to deepen and diversify its relations with the region....