Browsing Tag
china
304 posts
BRICS: Half of All China’s Trade Now Settled In The Chinese Yuan
As BRICS continues to push to ditch the US Dollar in 2024, China is now settling half of…
BRICS: China Stockpiling 1.39 Million Barrels of Oil Every Day
BRICS member China is taking undue advantage of lower crude oil prices by stockpiling 1.39 million barrels every…
BRICS: African Nations Seeking China’s Yuan, Ditching US Dollar
In a continuation of the BRICS de-dollarization plans, a host of African nations are seeking to increase holdings…
BRICS: Chinese Yuan Beats US Dollar as Top Traded Currency in Russia
The Chinese Yuan is officially the top most traded currency in Russia surpassing the US dollar by 2.5%.…
Sluggish China Economy & Robust Dollar Push Oil Prices Down by 1%
Oil prices saw a 1% decrease earlier this week, influenced by a sluggish economic recovery in China and…
BRICS: China’s Economy Grew 5% in 2023
Continuing what was an undoubtedly positive year for the BRICS alliance, China’s economy has grown by 5% in…
BRICS: China Buys a Staggering 225 Tonnes of Gold Worth $13.2 Billion
BRICS member China is on a gold buying spree as it added 225 tonnes of gold to its…
BRICS: Largest Oil Producer Making Way into China
Saudi Arabian oil company Aramco is looking to expand its footprint in China to strengthen ties between the…
China Says Using Tether For Currency Exchange is Illegal
China’s Supreme People’s Procuratorate has warned against using the Tether (USDT) stablecoin for currency exchange. According to Chinese…
BRICS: China, Russia Completely Ditch US Dollar For Trade
BRICS members Russia and China have abandoned the use of Western currencies, including the US Dollar, in their…