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Category Chinese Yuan

China Pushes Yuan as BRICS Reserve Currency, Faces Resistance

China Pushes Yuan as BRICS Reserve Currency, Faces Resistance

China is pushing the Chinese yuan to become a BRICS reserve currency, challenging the US dollar in global trade. While Russia and Brazil heavily u...
China Does Not Have the Capacity To Dethrone the Dollar

China Does Not Have the Capacity To Dethrone the Dollar

China is aggressively pushing the Chinese yuan for bilateral trade to dethrone the US dollar in global trade. It kick-started the motive after the...
China Offers BRICS Nations Loans in Chinese Yuan, Interest Subsidies

China Offers BRICS Nations Loans in Chinese Yuan, Interest Subsidies

China is offering BRICS members and other developing countries to avail loans in the Chinese yuan (RMB) with interest subsidies. The Communist cou...
What The Wall Street Is Not Telling You About De-Dollarization

What The Wall Street Is Not Telling You About De-Dollarization

De-dollarization has always been a significant topic for economies to discuss and build on. There was a time when de-dollarization would be dubbed...
DBS: Chinese Exporters Swap Dollar for Yuan in Trade

DBS: Chinese Exporters Swap Dollar for Yuan in Trade

The trading dynamics around the world have been constantly changing, with anti-dollar forces doubling at a rapid pace.…