Browsing Tag
Chinese Yuan
176 posts
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…
3 Sectors Most Exposed to De-Dollarization: Do You Hold Them?
The phenomenon of de-dollarization is as real as it gets. The event is not merely restricted to just…
The Chinese Yuan Is an ‘Incredibly Weak’ Currency, Says Brad Setser
The Chinese yuan, which touts itself as a challenger to the US dollar, is nowhere close to becoming…
Has China Succeeded in Dumping the US Dollar?
China is determined to dump the US dollar in global trade and is convincing other countries to follow…
US Dollar Value Falls as More Nations Choose Yuan: What’s Happening
The US dollar value is tumbling further as global demand for the USD continues to plunge even more.…
$20 Billion Oil Deals Paid in Chinese Yuan, US Dollar Left Out
Crude oil trade between Russia and China has reached record levels, reaching their highest point, defying US tariffs…