China Deepens Africa Trade as Export Pressures Mount

China sharply expanded exports to Africa last year, widening its trade surplus with the continent to a record level as Beijing accelerates efforts to offset mounting pressure from the United States. Trade data shows Chinese shipments to African markets rose at a far

PBoC Expands Digital RMB Trials to Africa and the Gulf

China’s central bank is accelerating the internationalization of the digital yuan by extending pilot projects to Africa and the Gulf states. The People’s Bank of China (PBoC) is building on its successful domestic e-CNY trials to establish a cross-border settlement framework that reduces