Browsing Tag
china
377 posts
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…
BRICS: China’s Yuan now 4th Most Used Global Currency
In what is certainly a positive development for the BRICS bloc, China’s Yuan is now the 4th most…
BRICS: 6,000 Chinese Companies in UAE As Investments Boom
Following the country’s partnership through the BRICS alliance, 6,000 Chinese companies are currently operating in the United Arab…
BRICS: US & China Rivalry Risks Cold War II, Warns IMF
BRICS member China is engaging in de-dollarization initiatives across the world that are infuriating the US dollar’s prospects.…
BRICS: Tourists in Singapore & China Pay Chinese Yuan, Not US Dollar
BRICS member China teamed up with Singapore to allow tourists the option to pay in the digital Chinese…
BRICS: China Powers 62% of BRICS Market Cap, Down 8%
China now powers 62% of the BRICS bloc’s market cap, which is down 8% compared to March 2023.…
BRICS: China’s Central Bank Dumping US Dollar in the Currency Market
China’s Central Bank dumped the US dollar in the currency market for three consecutive days in December this…
BRICS: $2 Billion Copper Trade To Be Paid In Chinese Yuan, Not US Dollar
BRICS member China is convincing African nations to ditch the US dollar and trade in the Chinese Yuan…