Tag
RMB
![A Financial Alliance Won’t Help China and Russia Dethrone the US Dollar A Financial Alliance Won’t Help China and Russia Dethrone the US Dollar](https://thediplomat.com/wp-content/uploads/2020/08/sizes/thumbnail/thediplomat-2020-08-10-8.jpg)
A Financial Alliance Won’t Help China and Russia Dethrone the US Dollar
By Francis Shin
Even a joint effort from China and Russia won’t be enough to shield them from U.S. economic influence.
![Pakistan and the Belt and Road: New Horizons for a Globalized RMB Pakistan and the Belt and Road: New Horizons for a Globalized RMB](https://thediplomat.com/wp-content/uploads/2017/04/sizes/thumbnail/thediplomat.com-money-742052_640.jpg)
Pakistan and the Belt and Road: New Horizons for a Globalized RMB
By Muhammad Tayyab Safdar and Joshua Zabin
CPEC will be an important testing ground for the internationalization of China’s currency.
![US Drops Currency Manipulator Charge for China Ahead of ‘Phase One’ Trade Deal US Drops Currency Manipulator Charge for China Ahead of ‘Phase One’ Trade Deal](https://thediplomat.com/wp-content/uploads/2017/04/sizes/thumbnail/thediplomat.com-money-742052_640.jpg)
US Drops Currency Manipulator Charge for China Ahead of ‘Phase One’ Trade Deal
By Ankit Panda
The U.S. Treasury Department is pulling back its August 2019 charge that China is a currency manipulator.
![Rise of the Redback: Internationalizing the Chinese Renminbi Rise of the Redback: Internationalizing the Chinese Renminbi](https://thediplomat.com/wp-content/uploads/2016/11/sizes/thumbnail/thediplomat_2016-11-21_19-17-37.jpg)
Rise of the Redback: Internationalizing the Chinese Renminbi
By David G. Landry and Heiwai Tang
Beijing’s plans to internationalize the RMB haven't come to fruition; the Belt and Road Initiative may help finally make gains.
![China’s Premier: Our Economy Is Doing Just Fine China’s Premier: Our Economy Is Doing Just Fine](https://thediplomat.com/wp-content/uploads/2013/08/sizes/thumbnail/Li_Keqiang_2012.jpg)
China’s Premier: Our Economy Is Doing Just Fine
By Shannon Tiezzi
Once again, Li Keqiang has the unenviable task of generating some good PR for China's economy.
![China’s Central Bank Defends Currency Devaluation China’s Central Bank Defends Currency Devaluation](https://thediplomat.com/wp-content/uploads/2015/04/sizes/thumbnail/thediplomat_2015-04-16_20-34-02.jpg)
China’s Central Bank Defends Currency Devaluation
By Shannon Tiezzi
Officials from the People's Bank of China insist the move was designed to bring the RMB in line with its market value.
![China's Yuan: Can it Challenge the Dollar? China's Yuan: Can it Challenge the Dollar?](https://thediplomat.com/wp-content/uploads/2013/02/sizes/thumbnail/1566_5243791dd0f2b.jpg)
China's Yuan: Can it Challenge the Dollar?
China’s economy is now second to only the United States. Can its currency rise to a similar stature?
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