Tag Archives: Chinese currency

China Continues Push For Yuan Settlements

The Chinese are continuing the charge to get their currency the Yuan or Renminbi as its called locally, to be used to pay for international trading debts. This could pose a threat or at least change to the US dollar … Continue reading

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China’s Yuan Settlement Plan Facing Hurdles

The Chinese opened up their currency the yuan, or as the locals call it the renminbi, in the summer of 2009. They did this because many trading partners wanted to settle in Chinese currency rather than having to convert into … Continue reading

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