The issue of currency manipulation remains one of the thorniest issues to be hammered out during the final rounds of US-China trade talks. So far, negotiations have not reached consensus on a mechanism for dispute resolution that could satisfy both sides.

China must think twice before accepting the U.S. request to stabilize the renminmi.

In a rare harmony of interests, both China and the United States are pushing to stabilize the yuan. What remains to be seen is how this hypothetical agreement will bear on China’s long-term journey toward the yuan becoming one of the world’s principal reserve currencies.

China says it's able to keep its yuan stable.

China chooses not to follow the U.S. Federal Reserve to raise its short-term rates, putting pressure on the yuan.

The Chinese government won’t devalue the yuan against the dollar, for reasons which may surprise both policymakers and mainstream economists.

In the past, the key challenge facing China was to stop importing “dark matter”: as one of the world’s largest net creditors, China needed to stop running an investment-income deficit. Today’s challenge is to avoid “matter annihilation”: China must prevent its net foreign assets from disappearing.

China is leaving nothing to chance during next week’s visit by U.S. President Donald Trump, and will likely fortify the value of the yuan - a regular targ

China is increasingly insisting that its oil imports be denominated in Chinese yuan instead of U.S. dollars. If successful, this could make the yuan into the globe’s second or third most important currency overnight. Given that China’s imports will soon dwarf those of the United States, it is perhaps just a matter of time until the more than a half century reign of the petrodollar comes to an end.

A look at the timeline for when the European Union’s financial centers acquired the infrastructure necessary to be considered as offshore hubs for the Chinese currency provides a new angle to consider how Beijing plans to internationalize its currency.