UAE Banks Drive RMB Boom: 900B+ Yuan Cleared Since 2016
UAE banks have cleared over 900 billion yuan since 2016, fueled by growing China–UAE trade. First Abu Dhabi Bank joins AgBank in boosting RMB usage across the Gulf.
News That Embraces Insight and Understanding
UAE banks have cleared over 900 billion yuan since 2016, fueled by growing China–UAE trade. First Abu Dhabi Bank joins AgBank in boosting RMB usage across the Gulf.
Flowing fortunes and futuristic towers—Lujiazui on Shanghai’s Huangpu River is the Chinese mainland’s financial powerhouse, blending sky-high skyscrapers with chill riverside vibes.
ICBC Europe celebrates 20 years of China-Spain ties and 50 years of China–EU relations by boosting cross-border banking innovations in Madrid’s Financial Investment Forum.
Discover Lujiazui, the Chinese mainland’s fintech powerhouse by the Huangpu River, where towering skyscrapers and calm waters blend to fuel Shanghai’s modern energy.
At the Financial Street Forum 2025, the Chinese mainland unveils open, digital and sustainable finance plans—from UAE RMB clearing to dual-hub digital yuan tests.
The Chinese mainland’s GDP grew 5.2% in the first three quarters of 2025, reaching 101.5 trillion yuan (~$14.24T) and signaling robust economic momentum.
The Chinese mainland’s finance sector delivered major wins under the 14th Five-Year Plan: record banking assets, booming A-shares, solid FX reserves and tighter risk control.
SCIO’s Beijing press conference highlighted major strides in China’s financial sector under the 14th Five-Year Plan.
China and the UK resume trade talks after a seven-year gap, signing MoUs on WTO cooperation and pledging collaboration in green energy, pharma, advanced manufacturing & finance.
China imposes countermeasures on two EU-based banks in a tit-for-tat over sanctions, blocking transactions and cooperation with UAB Urbo Bankas and AB Mano Bankas.