SHANGHAI/SINGAPORE (Reuters) – China is using loans agreed through its Belt and Road Initiative (BRI) to promote the yuan internationally, having already boosted the yuan’s share of global payments to …
Tag:
internationalisation
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SHANGHAI (Reuters) -China’s central bank said it will steadily and prudently push forward yuan internationalisation to promote a higher level of two-way opening up its financial markets. The People’s Bank …
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TAIPEI – The war in Ukraine and Russia’s effective exclusion from the global currency system could be an opportunity for China to raise the profile of its currency in a …