China Capital Flight to Ease by 20% in 2016
Increased investor confidence in the stability of the yuan is expected to reduce outflows after a torrid 2015, a report says.
IMF Adds Chinese Yuan to Reserve Currencies
The decision to include the yuan in the elite group of currencies is an "important milestone" for China's economy, the Fund says.
Samsung Adopts Renminbi
Using the Chinese currency in transactions could enable the global smartphone maker to negotiate supplier discounts.
U.S. Firms Still Lagging Behind in RMB Use
More global competitors use the Chinese currency to settle cross-border trade, 17%, compared with 10% of U.S.-based firms.
RMB Fever Spreads to One-Third of Banks
SWIFT reports that use of the Chinese currency continues to grow, especially in the United States and Europe.
More U.S. Firms Use Chinese Currency Renminbi for Deals
The RMB isn't yet a mainstream currency for cross-border transactions, but it may be in a few years.
Policy Changes Open China to the Middle Market
Regulatory shifts in China are making it easier to fund operations, manage working capital and run treasury operations.