Browsing Tag
china
377 posts
BRICS: UAE Pays China With New Digital Dirham, Ditches US Dollar
BRICS members UAE and China settled a cross-border transaction on Monday using the new Digital Dirham sidelining the…
Will Evergrande’s Liquidation Affect The U.S. Stock Market Today?
A court in Hong Kong ordered the liquidation of $300 billion in assets for China’s largest real estate…
BRICS: China’s Real Estate Firm to Liquidate $300 Billion in Assets
BRICS member China’s largest real estate developer Evergrande has been ordered to liquidate $300 billion in assets by…
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…