#ChinaRenminbispot

Pan-African lender Ecobank Transnational Inc. is exploring ways to facilitate direct yuan payments for its clients trading with China as it seeks to boost ties with the continent’s biggest trading partner and reduce reliance on the dollar.

Chinese stocks halted their rally and the yuan held steady as the high profile summit between Xi Jinping and Donald Trump delivered a predictable script.…

Donald Trump’s summit with Xi Jinping could have lasting ramifications for markets.

Morgan Stanley sees room for the yuan to climb further, but disagrees with more bullish views that the currency is significantly undervalued.

A Chinese oil supertanker appears to be sailing out of the Persian Gulf, a rare attempted crossing through the Strait of Hormuz just ahead of talks between US President Donald Trump and Xi Jinping.

China investors are counting on the summit between Xi Jinping and Donald Trump to deliver just enough to sustain the detente trade underpinning stocks and the yuan.

The Chinese yuan is more than 20% undervalued against the US dollar, according to Goldman Sachs Group Inc., which expects the currency to keep strengthening over the coming year.

Pakistan is looking to raise yuan-denominated bonds in China’s onshore market, in what would mark its debut panda bond issuance, with a size of as much as 1.75 billion yuan ($257 million).

Chinese creditors who have struggled to recover funds from distressed property developers on the mainland are increasingly turning to Hong Kong courts in their quest for repayment.

Mozambique is considering converting the $1.4 billion it owes China into renminbi loans as part of a debt restructuring with its biggest bilateral creditor, in line with similar moves by other African sovereign borrowers.

China’s central bank is taking a further step to rein in a liquidity glut in its financial system by reducing the amount of medium-term funds it lends out to banks.

China’s metals industry began this year with its biggest profits in at least a decade as soaring prices for aluminum and copper handed the sector a major boost.