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Explained: How China Is Pushing For Yuan Payments And Its Impact On Iron Ore Trading
In addition, settling transactions in Yuan helps insulate China from the impact of currency fluctuations and shifts in US ...
China's new yuan loans dropped unexpectedly in July, sending yet another sign of weak demand in the economy despite Beijing's efforts to bolster domestic demand. A measure of new yuan loans shrank by ...
BANGKOK — China has been expanding use of digital currencies as it promotes wider use of its yuan, or renminbi, to reflect its status as the world's second-largest economy and challenge the ...
New loans extended by Chinese banks in August improved from July but came in below expectations, signaling continued weakness in credit demand. New yuan loans stood at 590 billion yuan, equivalent to ...
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