806 AD: Paper Currency The first paper banknotes appeared in China. In all, China experienced over 500 years of early paper money, spanning from the ninth through the fifteenth century.

Chinese currency, yuan on Wednesday fell to its lowest value in the past 17 years against the US dollar. According to Reuters, the onshore yuan finished the domestic trading session on Wednesday at 7.

It won't de-throne the dollar, but as cross-border yuan payments surged to a record in March, analysts say there is renewed ...

China has been steadily working to elevate the international profile of the RMB. Though progress has been gradual, it carries ...