DE-DOLLARIZATION: China now uses the yuan for cross-border transactions more than it uses the US dollar



(Natural News) The Chinese yuan has overtaken the United States dollar to become China's most-used currency for cross-border transactions.This is according to the latest data from the State Administration of Foreign Exchange (SAFE), an agency within the People's Bank of China, the Chinese central bank. SAFE recorded that cross-border … [Read More...]

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