The latest de-dollarization movement started in 2022 when the U.S. imposed all-encompassing sanctions against Russia ...

Xi Jinping has called for the renminbi to become a global reserve currency, in some of his clearest comments on his ambitions ...

Chinese leader Xi Jinping has called for the Chinese yuan to become a global reserve currency, perhaps capitalizing on the ...

On whether China can truly challenge the dollar, Schiff was clear: the process is already underway. Central banks have been ...

The move would be essential for Beijing to turn into a true “financial powerhouse,” the president said ...

China is seizing an opportunity to challenge American dominance in global finance and exert greater international influence at the expense of the all-powerful US dollar.

Faced with Trump’s tariffs and threats, BRICS countries are trying to reduce dollar use in trading with each other.

In a recent speech, Chinese President Xi Jinping emphasized the need to develop a "strong currency" and promote the yuan as a ...