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Yuan

The yuan, or renminbi, is the national currency of China, the world's second largest economy. The International Monetary Fund (IMF) has announced the currency's admission into its basket of reserve currencies.

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All Content on this topic

China Yuan Währung Geld

China grey capital

China has been cracking down on underground banks, according to the People's Daily.
November 20, 2015
Airbus A380 for China

New Sino-German biz deals

China and Germany have signed a number of business deals.
October 29, 2015
Chinese yuan

US softens stance on yuan

The US has changed its hardline stance on China's undervalued currency, but said an appreciation is needed.
October 20, 2015
Chinesische Zentralbank Hauptsitz Peking 2014

China tightens capital controls

Beijing is taking measures to stem outflows of capital amid a depreciation of its currency and rising US interest rates.
September 10, 2015
China's Premier Li Keqiang in Dalian

China seeks to reassure markets

China's Premier is trying to soothe international concerns over market volatility and slowing growth in its economy.
September 9, 2015
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World Economy in brief (August 2015)

Struggling emerging markets and possible interest rate hikes are burdening the global economy.
BusinessSeptember 8, 201503:57 min
Chinese yuan and the US dollar

Record monthly fall for China's forex

Beijing has vowed to take more steps to ensure stable markets. Its latest effort aims at propping up the yuan.
September 7, 2015
China Wirtschaft Fabrik Produktion

China cuts 2014 growth

China grew less strongly in 2014 than expected, fuelling concerns the Asian powerhouse is slowing down.
September 7, 2015
China Börsen Talfahrt gestoppt

Another Asian financial crisis?

China's slowdown has sparked concerns about southeast Asian economies. DW takes a closer look.
August 26, 2015
China wertet Yuan erneut ab

China axes rates to stimulate economy

China's central bank has once again cut interest rates and lowered the amount of cash banks must have on hand.
August 25, 2015
18.08.2015 DW MIG Schmieding

Port of Hamburg: Chinese Imports on the Wane

China hopes the devaluation of its currency will stimulate renewed demand for its exports.
BusinessAugust 18, 201503:29 min
China wertet Yuan erneut ab

China reassures markets

China insists there is no reason for a sustained devaluation of the yuan despite once again lowering the guidance rate.
August 13, 2015
Wenkel Rolf Kommentarbild App

Chinese central bank under pressure

Rolf Wenkel
DW's Rolf Wenkel reflects on China's currency devaluation.
August 12, 2015
Turbulenzen an Chinas Börsen - Staatliche Intervention geht ins Leere

Growing doubts about the economy

Experts fear China's economic woes are much more serious than what the official data suggest in terms of growth numbers.
August 12, 2015
Deutschland Börse Frankfurt

European shares down

European shares fell sharply on Wednesday, with German stocks among the main losers.
August 12, 2015
Symbolbild China Industrie Produktion Wuhan 02.07.2013

China economy weakens

China's industrial production for July came in well below expectations.
August 12, 2015
Chinese Yuan

China allows yuan to fall for second day

China cut the value of the yuan against the dollar for a second consecutive day on Wednesday.
August 12, 2015
Symbolbild Euro Yuan

China weakens yuan amid economic slowdown

China's central bank has announced a significant decrease in the value of its tightly-controlled currency, the yuan.
August 11, 2015
Yuan banknote on euro banknotes

IMF warming to yuan slowly

The IMF has said there will be no quick decision on including the yuan in its reserve currency basket.
August 5, 2015
Shanghai port

China trade tumbles

Chinese trading activities have taken a beating in recent weeks, with both exports and imports down markedly.
April 13, 2015
China Yuan Währung Geld

Sieren's China

The Chinese currency is making inroads against the US dollar and the euro.
February 4, 2015
Bretton Woods conference, 1944. (Photo: AP Photo/Abe Fox)

Demise of the dollar?

The Americans should take a close look at the history of global finance, says DW's Frank Sieren.
July 29, 2014

China renminbi in Frankfurt

The Bank of China will set up a clearing bank in Frankfurt to foster trade in China's currency, the renminbi (also called the yuan). It's an important step toward internationalization of the currency.
June 19, 2014
Yuan banknotes

Renminbi-sterling direct trade

China has announced it will allow the direct trade between its yuan national currency and the British pound later this week. Analysts said the move was designed to further internationalize the unit.
June 18, 2014
Chinese banknotes

KfW issues Dim Sum bond

China’s currency was once so immovable nobody saw much sense in owning it. But the more Beijing loosens its grip, the more investors want to get their hands on it. The rags-to riches currency now comes to Frankfurt.
May 2, 2014
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German trade with China intensifies

Chinese President Xi Jinping is visiting Germany this week as part of an 11-day tour of Europe. He's traveling with a big business delegation and is expected to sign some blockbuster deals. Trade has been growing between the two partners, and Germany wants to make it smoother.
BusinessMarch 26, 201401:48 min
China Banknote

China to drop rate controls

China is about to fully liberalize its interest rates, the central bank governor has said. By 2016, rates on deposits and interbank lending will be set by market forces rather than state authorities.
March 11, 2014
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Beijing's ambitious targets

China has set out to establish the yuan as a global reserve currency. It's only one of a raft of ambitious goals that include breaking up the country's major state owned monopolies. And China Service Chief Matthias von Hein gives his take on the plans.
November 1, 201303:21 min
An employee counts Chinese 100 yuan banknotes

London hub for China's yuan

Britain has announced London will become an offshore center for the Chinese currency. It will be able to handle investments in the Asian nation's tightly controlled yuan, thus stealing a march on Frankfurt and Paris.
October 15, 2013

China unveils Shanghai reforms

China has outlined a set of bold reforms including free yuan convertibility and the opening of its sheltered services sector. Alas, the new rules are valid only in the new Shanghai free trade zone opening October 1st.
September 27, 2013
HONG KONG-ASIA-FINANCE-STOCKS-FOREX

China’s yuan gains importance

China’s yuan has become one of the world’s ten most traded currencies, a global financial report has found, underscoring the rise of the Chinese economy. While the US dollar remains market leader, the Euro has slumped.
September 6, 2013
Search and rescue officials surround an Asiana Airlines Boeing 777 plane after it crashed on July 6 while landing at San Francisco International Airport in California on July 6, 2013. REUTERS/Jed Jacobsohn

Plane crash victim 'run over'

Authorities say a teenage girl who survived the Asiana Airlines crash in San Francisco died after being run over by an emergency response vehicle at the scene. Further investigations into the crash are continuing.
July 19, 2013
A mix of currencies in a pile Copyright: imago/Birgit Koch

Currency war

A race is on to see which country can weaken its currency first - but there may be no winners.
February 7, 2013
Yuan notes

Yuan-yen direct trading begins

China's efforts to turn promote the yuan as an international currency have been boosted as direct trading with Japan's yen has begun. The move ditches the US dollar as an intermediary currency.
June 1, 2012
Yuan and yen banknotes side by side

China moves to rival dollar

For the first time, China is going to let a major unit other than the dollar swap with its national currency. Beijing and Tokyo have agreed to start direct trading within days, with no bucks involved.
May 29, 2012
three piles of yuan notes

China eases yuan controls

China has doubled its currency's trading band against the US dollar for the first time since 2007. From Monday, the yuan's exchange rate with the dollar will be allowed to fluctuate by 1 percent, up from 0.5 percent.
April 14, 2012
Chinese tourists by the Brandenburg Gate

Sweet and sour Germany

Chinese middle-class travellers are discovering Germany as a worthwhile destination.
February 23, 2012
A hostess walks past the euro sign at an exhibition about currencies in Beijing

China's corporate war chest

As Beijing ramps up investment overseas, a new fund helps companies finance takeover bids.
February 17, 2012
A bank clerk counts Chinese 100 Yuan notes

Currency expansion

Britain and Hong Kong agree on a deal to establish London as a center of trade for the yuan.
January 16, 2012
Yuan banknotes

Dollars and yuan

Could the Chinese yuan emerge as the second world currency after the dollar?
January 12, 2012

Which Currency Will Be Number 1?

The debt crisis has had many repercussions in Europe, with both the value of the euro and its image suffering. Can the common currency now be an alternative to the US dollar as the global reference currency? The dollar is itself undergoing a crisis of confidence
BusinessJanuary 11, 201203:08 min

Dollar, Euro or Yuan - Which Will Be the World’s Reference Currency?

We talk to Jörg Rocholl from the European School of Management and Technology (ESMT) about the significance of the euro as an international currency reserve.
BusinessJanuary 11, 201203:30 min
Timothy Geithner

US-China

The US Treasury secretary is in China to discuss sanctions against Iran and currency policy.
January 10, 2012
The Japanese Nikkei goes down three percent on Thursday

Asian markets

Asian stock markets have slumped over the eurozone debt crisis.
November 10, 2011
Chinese leader on euro

European debt crisis

EU leaders want to ease the pain of the eurozone's debt crisis by attracting foreign investment.
October 28, 2011
The ECFR estimates up to 25 percent of China's reserves may now be euro denominated

Chinese investment

Experts are growing wary of Chinese investment in Europe.
September 12, 2011
A US one dollar note is seen among other foreign currencies

Nanjing G20 forum

The United States and France call on China to loosen the reins on its currency, the yuan.
March 31, 2011
Chen Guangcheng talks about his life under house arrest

Blind Chinese activist beaten for film

Activist Chen Guangcheng's video has apparently angered Chinese authorities.
February 11, 2011
The undervalued yuan has been a constant source of conflict between the US and China

Is the Chinese yuan going to replace the US dollar?

The US dollar as the number 1 international trading currency could soon become a thing of the past.
January 26, 2011
The currency row will top the agenda when Presidents Obama and Hu meet in Washington next week

EU keeps out of currency spat between China and US

The US has repeatedly accused China of keeping the yuan artificially low to distort competition.
January 14, 2011