Browsing Tag
china
573 posts
China & Egypt Agree To Settle in Local Currency, Move Away From US Dollar
China and Egypt have officially agreed to settle cross-border transactions in local currencies and move away from the…
China Takes Aim at the US Dollar With Next-Gen Digital Payments
China is building a digital payment infrastructure specifically designed to facilitate cross-border trade without touching the US dollar…
US Takes a Big Step In Breaking China’s Magnet Dominance
The US is looking to break China’s dominance in the rare earth magnet sector and put an end…
De-Dollarization Hits a Wall
China was the first to kick-start the de-dollarization agenda by leveraging the US sanctions on Russia in February…
Libya Turns to China’s Payment System to Cut US Dollar Dependence
Libya is taking China’s assistance to cut its US dollar dependence and is rewiring trade deals with the…
China Buys the Dip on Gold, Increases Reserves by 15 Tonnes
The People’s Bank of China (PBOC) made full use of the dip in gold prices by accumulating 15…
Chinese Yuan Makes Inroads in Africa’s US Dollar-Dominated Trade
The Chinese yuan is steadily gaining ground in Africa, with the currency penetrating trade and commerce, which were…
Tesla, Apple, Nvidia CEO’s Join Trump in China: Stocks Respond
Several big tech CEOs have joined Trump on his trip to China to meet with Chinese President Xi…
China Alone Does the Heavy Lifting in BRICS For Trade
The latest data indicates that China alone is doing all the heavy lifting in trade among the member…
Nvidia China Share Hits Zero but Analysts Back $380 Price Target
Nvidia’s China AI market share has dropped from 95% to zero, and CEO Jensen Huang confirmed it himself.…
