- Move over, U.S. dollar. China wants to make the yuan the global currency. (Argentina: Importers are using Chinese yuan to pay for computers, TVs, fridges, auto parts, textiles etc. bought from China. Previously, this was done using US dollar) https://www.washingtonpost.com/world/2023/05/16/china-yuan-renminbi-us-dollar-currency-trade/ 2 comments economy
Linked pages
- https://www.nasdaq.com/articles/china-completes-first-yuan-settled-lng-trade 310 comments
- Argentina to pay for Chinese imports in yuan rather than dollars | Reuters https://www.reuters.com/world/china/argentina-govt-pay-chinese-imports-yuan-rather-than-dollars-2023-04-26/ 285 comments
- China’s Yuan (CNY) Replaces Dollar (USD) as Most Traded Currency in Russia - Bloomberg https://www.bloomberg.com/news/articles/2023-04-03/china-s-yuan-replaces-dollar-as-most-traded-currency-in-russia 70 comments
- Yuan overtakes dollar to become most-used currency in China's cross-border transactions | Reuters https://www.reuters.com/markets/currencies/yuan-overtakes-dollar-become-most-used-currency-chinas-cross-border-transactions-2023-04-26/ 45 comments
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