Browsing Tag
china
405 posts
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…
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…