• 11/26/2024

Which 8 countries are using China’s yuan more, and what does it mean for the US dollar?

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

China is ramping up efforts to boost the yuan’s appeal as an alternative in trade and as a reserve currency in the face of US dollar hegemony, while countries from South America to the Middle East have got on board with increased yuan use.

https://www.scmp.com/economy/economic-indicators/article/3220087/which-8-countries-are-using-chinas-yuan-more-and-what-does-it-mean-us-dollar?utm_source=rss_feed