China makes new push to take yuan global | TheStarTV.com

China makes new push to take yuan global

Published on 17 Jun 2026 8:41:09 PM

China announced fresh measures to promote the global use of the yuan and unveiled plans to better manage domestic money market liquidity.

At the annual Lujiazui Forum in Shanghai on June 17, People's Bank of China Governor Pan Gongsheng said six banks have been authorised to conduct offshore yuan transactions in the Shanghai free trade zone, a move aimed at promoting offshore yuan business in the city.

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news, thestartv, the star, yuan currency, us dollar, use, globalisation, china, pan gongsheng, peoples bank of china, he lifeng, announcement, shanghai, lujiazui forum, economy

China announced fresh measures to promote the global use of the yuan and unveiled plans to better manage domestic money market liquidity.

At the annual Lujiazui Forum in Shanghai on June 17, People's Bank of China Governor Pan Gongsheng said six banks have been authorised to conduct offshore yuan transactions in the Shanghai free trade zone, a move aimed at promoting offshore yuan business in the city.

WATCH MORE: https://thestartv.com/c/news
SUBSCRIBE: https://cutt.ly/TheStar
LIKE: https://fb.com/TheStarOnline

Keywords:
news, thestartv, the star, yuan currency, us dollar, use, globalisation, china, pan gongsheng, peoples bank of china, he lifeng, announcement, shanghai, lujiazui forum, economy

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