Browsing Tag
Chinese Yuan
181 posts
China Rejects US Soybeans, Buys From BRICS Countries
China is refusing to buy US soybeans and has cut imports due to the tariffs and trade wars.…
BRICS Pays For Soybeans in Chinese Yuan, Oil in Rupee
The writing is on the wall, the world is less inclined to use the US dollar hereafter. While…
De-Dollarization: China’s First Crypto Move to Globalize Yuan
China is now making strategic moves to establish its new global dominance in the sector of finance and…
Dollar Decline: Is China’s Yuan Poised to Go Global?
China was always a keen competitor, an observer eyeing opportunities that would help in the internationalization of its…
China’s US Treasury Holdings Hit 16-Year Low Amid Gold Shift
China’s dollar exit strategy is now gaining massive momentum as China continues to diversify away from the US…
Chinese Yuan Usage Doubles as De-Dollarization Grows
De-dollarization is advancing at a rapid pace as the usage of the Chinese yuan has doubled since 2022.…
China’s Dollar Divorce Is Happening Faster Than Expected
China is leaving no stone unturned to internationalize the yuan. The nation is now working twice as hard…
BRICS Grows As 1,700 Banks Process 175 Trillion Chinese Yuan Payments
BRICS member China’s new payment system, Chartered Institute of Procurement & Supply (CIPS), has processed over 175 trillion…
Sri Lanka, Kenya, Panama Snub US Dollar, Take BRICS Loan in Yuan
Kenya, Panama, Sri Lanka, and other developing countries have snubbed the US dollar to receive loans from BRICS…
Trump’s Economic Moves Are Powering the Yuan, Not the US Dollar
Donald Trump’s latest tariff policies have attracted significant attention from across the world. Trump has gained widespread criticism…