Bank joins ‘frenzy’ as China’s low interest rates draw in more foreign issuers
If renminbi settlement becomes cheaper and more trade migrates, firms will have less need to generate or hold US currency
Market Questions is the FT’s guide to the week ahead
PBoC makes it cheaper for traders to bet on weakening currency amid concerns about rapid appreciation
Ignore the amateur geopolitical strategists talking eloquently about the end of dollar dominance
For dollar wannabe renminbi, liability currency status > reserve currency status
Latest commentary details ambitions for ‘powerful currency’ to play a greater role in trade and forex
Critics say currency is undervalued and being used to subsidise Chinese exports
Central bank fixes currency at highest level against dollar in 15 months
Warning comes as EU companies complain ‘undervalued’ renminbi is aiding China’s exporters
Country’s $3bn ‘dim sum’ bond will help finance war in Ukraine and could lead to many more
A steady appreciation would boost domestic consumption and improve trade relations
Beijing is stepping up efforts to expand the currency’s role in international trade and financing
Beijing’s push will speed moves to multi-polar monetary system, analysts say
Rally comes after years of weakening and is seen as signal that Beijing will allow gradual appreciation
Low interest rates make renminbi an attractive funding currency for multinational companies
Appreciation would suit Beijing’s global ambitions for the currency
Pan Gongsheng points to a growing role for the renminbi after decades of dominance by the US currency
PBoC has allowed weakening in ‘fixing’ rate for the onshore currency for six consecutive sessions
Beijing permits exchange rate to drop below long-defended level
Authorities explore new Asian settlement house to boost global use of renminbi
Traders had expected Beijing to weaken its currency following a week-long market holiday
Benchmark Hong Kong share index down 1.6% after trade shot at Beijing
Washington and Beijing should conduct a joint intervention on the renminbi
Currency softens over weakness in world’s second-largest economy and fear of Trump tariffs
