Asia can reduce its dollar dependence but it won't
be easy
https://asia.nikkei.com/Opinion/Asia-can-reduce-its-dollar-dependence-but-it-won-t-be-easy
Reliance on greenback is byproduct of export-led development model
https://asia.nikkei.com/Opinion/Asia-can-reduce-its-dollar-dependence-but-it-won-t-be-easy
Reliance on greenback is byproduct of export-led development model
Chinese yuan gives US dollar a run for its money as
African trade embraces other currencies
https://www.scmp.com/news/china/diplomacy/article/3249030/chinese-yuan-gives-us-dollar-run-its-money-african-trade-embraces-other-currencies
With a rising US dollar, many African countries are facing debt repayment woes and so are moving away from using the currency. Meanwhile, China is continuing to boost the use of the yuan and local currencies in Africa as part of its de-dollarization bid.
https://www.scmp.com/news/china/diplomacy/article/3249030/chinese-yuan-gives-us-dollar-run-its-money-african-trade-embraces-other-currencies
With a rising US dollar, many African countries are facing debt repayment woes and so are moving away from using the currency. Meanwhile, China is continuing to boost the use of the yuan and local currencies in Africa as part of its de-dollarization bid.
Does China's fear of floating exceed its fear of deflation?
https://www.economist.com/finance-and-economics/2023/09/21/does-chinas-fear-of-floating-exceed-its-fear-of-deflation
Related:
https://www.economist.com/finance-and-economics/2023/12/14/is-china-understating-its-own-export-success
https://www.economist.com/finance-and-economics/2023/12/14/how-to-sneak-billions-of-dollars-out-of-china
https://www.economist.com/finance-and-economics/2023/11/09/the-chinese-yuan-is-losing-value-yet-gaining-ground