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Latest Economic News

The yuan becomes the fifth leader in global trade

September, 30 2025

The volume of global trade in the yuan has reached $817 billion per day, showing significant growth over the decade and approaching the volume of the British pound. According to a study by the Bank for International Settlements, the yuan's share in global foreign exchange transactions has grown to 8.5%, compared with 7.0% in 2022. The yuan now ranks fifth among the most traded currencies, narrowing the gap with the pound, whose share dropped from 12.9% to 10.2%.China continues efforts to st... Read More

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