How China Manages Its Currency—and Why That Matters
https://www.wsj.com/finance/currencies/how-china-manages-its-currencyand-why-that-matters-322cbc04
It isn’t just about economics. The yuan has a political and psychological importance too.
The Yuan Is Finally Showing Some Muscle in International Trade
https://www.bloomberg.com/opinion/articles/2023-12-07/yuan-shows-some-muscle-increases-share-of-global-trade
https://www.wsj.com/finance/currencies/how-china-manages-its-currencyand-why-that-matters-322cbc04
It isn’t just about economics. The yuan has a political and psychological importance too.
The Yuan Is Finally Showing Some Muscle in International Trade
https://www.bloomberg.com/opinion/articles/2023-12-07/yuan-shows-some-muscle-increases-share-of-global-trade
How Xi Jinping is challenging dollar dominance with landmark Saudi deal
https://www.telegraph.co.uk/business/2023/12/24/xi-jinping-china-dollar-dominance-saudi-arabia-deal/
Growing alliance between Beijing and Riyadh threatens to topple American hegemony
The US is ready to impose sanctions on foreign financial institutions when others don’t
https://www.ft.com/content/f1fe5ece-323c-401f-870b-cd45c92bf84a
https://www.telegraph.co.uk/business/2023/12/24/xi-jinping-china-dollar-dominance-saudi-arabia-deal/
Growing alliance between Beijing and Riyadh threatens to topple American hegemony
The US is ready to impose sanctions on foreign financial institutions when others don’t
https://www.ft.com/content/f1fe5ece-323c-401f-870b-cd45c92bf84a