The USD/CNY surge occurred as China’s bond yields and inflation continued to decline. Data compiled by TradingView shows that the 30-year yield of government bonds has plunged to 1.87% ...

The existing reserve currencies dominate; only a paltry 0.1 percent of international debt is denominated in renminbi. While the absolute size of the debt securities market in China is small from a ...

China’s regulators sought to reassure markets on Monday as equities and the renminbi extended losses ... 0.2 per cent on Monday and has declined 4.1 per cent in the first three trading days ...