Browsing Tag
china
377 posts
BRICS: 150 Countries To Pay Chinese Yuan, Not USD for Loan Repayment?
BRICS member China could use the Belt and Road Initiative (BRI) to advance the Chinese Yuan and diminish…
BRICS: China & Saudi Arabia’s Trade Rises 257%, Hits $1.78 Billion
The US dollar becomes the first casualty when trade between BRICS countries rises. BRICS members China and Saudi…
Hong Kong Police Report $18.9M Lost in Exchange Scam
Police in Hong Kong revealed Sunday that an estimated 148 million Hong Kong dollars ($18.9 million) were stolen…
Standard Chartered China Launches CBDC Exchange Service
Standard Chartered Bank China has launched an exchange service for the country’s CBDC (Central Bank Digital Currency) program.…
BRICS: China, Russia & India To Replace the US Dollar in Global Trade?
BRICS countries Russia, China, and India are looking to replace the US dollar with local currencies for global…
BRICS: US Dollar Top Loser as Saudi Arabia Pays Chinese Yuan For Trade
The US dollar is put under pressure as BRICS members China and Saudi Arabia are advancing in the…
BRICS: China & Saudi Arabia Sign $7 Billion Currency Swap Deal
BRICS members China and Saudi Arabia have kick-started the de-dollarization efforts by keeping the US dollar out for…
BRICS: China Expecting Economic Growth of Over 5% for 2023
Despite the downturn in the latter months of the year, BRICS mainstay China is expecting economic growth of…
BRICS: 155 Countries Sign Belt & Road Initiative With China For Trade
BRICS member China is leading all developing countries to fall under their ‘Belt and Road Initiative’ (BRI) for…
BRICS: Developing Countries Need To Repay China $1.1 Trillion
BRICS member China is now the biggest debt collector in the world as developing countries owe the Communist…