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China-Korea Financial Forum Explores New Opportunities for Expanding International Use of RMB

China-Korea Financial Forum Explores New Opportunities for Expanding International Use of RMB

A roadshow event titled "Expanding Global Use of RMB and New Opportunities for China-Korea Financial Cooperation," hosted by Bank of China, was held in Seoul, South Korea on July 6, with nearly 120 gu

2026-07-07
Global Financial Brief | Saturday, July 4, 2026

Global Financial Brief | Saturday, July 4, 2026

Core Themes: At a recent UN Security Council emergency session, U.S. and Iranian representatives engaged in heated exchanges over Strait of Hormuz passage, regional attacks, and agreement implementati

2026-07-05
RMB Assets' Global Appeal Steadily Climbs

RMB Assets' Global Appeal Steadily Climbs

Guide: On July 3, 2017, the Mainland-Hong Kong Bond Market Connect (Bond Connect) officially launched, marking the opening of the northbound channel. Over the past nine years, Bond Connect has seen ac

2026-07-03
Global Central Banks Plan to Keep Buying Gold, Reduce USD Holdings — Many Eye Larger RMB Reserves

Global Central Banks Plan to Keep Buying Gold, Reduce USD Holdings — Many Eye Larger RMB Reserves

Global Central Banks Plan to Keep Buying Gold, Reduce USD Holdings — Many Eye Larger RMB ReservesBy Wu Juanjuan, China Fund NewsOn June 30, the Global Independent Think Tank OMFIF released its "2026 G

2026-07-01
Global Asset Allocation Expands: New Batch of QDII Quotas Set to Open

Global Asset Allocation Expands: New Batch of QDII Quotas Set to Open

At the 2026 Lujiazui Forum, Zhu Hexin, Administrator of the State Administration of Foreign Exchange (SAFE), announced that a "package" of incremental policies will be introduced, with the issuance of

2026-06-28
June 25 Morning News Highlights: PBOC Launches 500B MLF Operation, MOFCOM Strengthen Strategic Minerals Export Controls

June 25 Morning News Highlights: PBOC Launches 500B MLF Operation, MOFCOM Strengthen Strategic Minerals Export Controls

1. The People's Bank of China (PBOC) announced that to maintain sufficient liquidity in the banking system, it will conduct a 500 billion yuan Medium-Term Lending Facility (MLF) operation on June 25,

2026-06-26
MOFCOM Responds to Progress in China-US Economic and Trade Consultations and Other Hot Topics

MOFCOM Responds to Progress in China-US Economic and Trade Consultations and Other Hot Topics

MOFCOM spokesperson He Yadong responded to questions on the latest progress in China-US economic and trade consultations, countermeasures against the US side's addition of a so-called "Chinese Militar

2026-06-25
PBOC to Conduct 500 Billion Yuan MLF Operation on June 25

PBOC to Conduct 500 Billion Yuan MLF Operation on June 25

The People's Bank of China (PBOC) will continue its second consecutive month of expanded rollovers of the Medium-term Lending Facility (MLF).According to the MLF tender announcement released by the PB

2026-06-25
RMB Internationalization Rises Steadily: Chinese and Foreign Scholars See Greater Room for the Yuan

RMB Internationalization Rises Steadily: Chinese and Foreign Scholars See Greater Room for the Yuan

As geopolitical tensions continue to erode traditional trade ties, the search for financial risk diversification has become a growing consensus among nations, and calls for reform of the international

2026-06-24
PBOC Greenlights Offshore RMB FX Trading for Six Major Banks at Lujiazui Forum

PBOC Greenlights Offshore RMB FX Trading for Six Major Banks at Lujiazui Forum

China’s foreign exchange market has taken another step toward two-way opening: a pilot program for offshore RMB foreign exchange trading has been launched in the Shanghai Free Trade Zone, sending a cl

2026-06-24