# China’s Central Bank Expands Push to Increase International Use of the Yuan - Beijing Post

> The PBOC outlined plans to widen bilateral currency swaps, promote the digital yuan in cross-border payments and deepen mainland capital markets. The article covers renminbi internationalisation policy.

- Date: 2026-11-02 · published 2026-11-02T03:09:16.882Z
- Category: policy · region China · magnitude low
- Page: https://feedsoft.ai/events/74681-china-s-central-bank-expands-push-to-increase-international-use-of-the-yuan
- Commodities: [Chinese Yuan (CNY per USD)](https://feedsoft.ai/c/USDCNY.md)

## Why it matters

Yuan internationalisation steps are structural and have no near-term effect on feed commodity prices or flows.

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| USDCNY | 2017-04-27 | [China to push yuan internationalization, free trade: central bank official](https://feedsoft.ai/events/71710-china-to-push-yuan-internationalization-free-trade-central-bank-official.md) | +0.1% | -0.1% |
| USDCNY | 2022-09-06 | [Why China's central bank is shoring up the yuan](https://feedsoft.ai/events/12268-why-china-s-central-bank-is-shoring-up-the-yuan.md) | +0.4% | +3.1% |
| USDCNY | 2016-12-03 | [China should use part of its foreign reserves to stabilize yuan expectations: central bank adviser](https://feedsoft.ai/events/73694-china-should-use-part-of-its-foreign-reserves-to-stabilize-yuan-expectations.md) | +0.3% | +1.1% |
| USDCNY | 2019-05-17 | [China's central bank won't let yuan weaken past 7 to the dollar-sources](https://feedsoft.ai/events/59283-china-s-central-bank-won-t-let-yuan-weaken-past-7-to-the-dollar-sources.md) | +0.4% | +0.6% |
| USDCNY | 2022-04-27 | [China economy: Central bank tries to slow weakening yuan vs US dollar](https://feedsoft.ai/events/4947-china-economy-central-bank-tries-to-slow-weakening-yuan-vs-us-dollar.md) | +0.8% | +1.5% |

## Sources

- beijingpost.com: https://beijingpost.com/china-s-central-bank-expands-push-to-increase-international-use-of-the-yuan

---
Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.