Renminbi

To curb overreliance on a single currency, China is pushing for a multi-polar currency system with the digital renminbi at its centre

As China steps up efforts to graduate to a leading role in global currency markets, India faces a choice between aligning with the Western-dominated financial system and the Chinese one

As China's global trade and financial importance grows, more transactions will be settled in renminbi

China has been the world's largest trader since 2013, its economy is now larger than that of the US in purchasing power parity terms, and soon it will pull ahead in terms of market exchange rates, too

The depreciation of the renminbi in recent weeks has raised fears that China is aiming to counter US tariffs by weaponising its currency

Internationalisation of the Chinese currency remains on track despite recent stalling

The dollar will continue to reign as China is unlikely to accept the volatility that full capital convertibility is likely to bring