News Analysis
Since the mid-2000s, Beijing has sought to internationalize its currency, the renminbi (yuan).
Yuan Currency’s Internationalization Hits Snag
Could London lose its edge as overseas yuan trading hub?
After making substantial progress early on, overseas adoption of the offshore yuan (CNH) has plateaued since 2016
100-yuan notes sit at a bank in Nantong City, in eastern China's Jiangsu Province on July 23, 2018. AFP/Getty Images
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