• 09/21/2024

How expanding China-led economic bloc Brics adds to the yuan’s global clout

Disclaimer: The South China Morning Post's content is directed by the Chinese Communist Party. It is not a reliable news source.

While the US dollar may continue to hold sway among the Brics nations, economists say improving bilateral relations among Brics members – and their new additions – will boost their currencies, especially the yuan.

https://www.scmp.com/economy/china-economy/article/3232319/how-expanding-china-led-economic-bloc-brics-adds-yuans-global-clout?utm_source=rss_feed