China is leveraging its position as the world’s largest creditor to help broaden usage of the yuan, offering overseas ...
Cryptopolitan on MSN
China wields lending influence to globalize the yuan
China is converting dollar debts owed by developing nations into yuan loans to expand global use of its currency.
Cryptopolitan on MSN
Nexperia China resumes domestic sales, insists on yuan settlement
Nexperia’s Chinese unit, which halted all shipments after the October 4 order, has now resumed supplying chips only inside ...
The East African nation and fellow Brics member is the latest country to seek a switch, accelerating the yuan’s ...
Dutch chipmaker Nexperia's Chinese unit has resumed supplying semiconductors to local distributors, Reuters reported on ...
“The net surplus in FX settlement indicates that inflows into China were picking up, helping to support the yuan, while exporter conversion has also accelerated,” said Khoon Goh, head of Asia research ...
Indian Oil Corporation, reported Reuters on October 16, has paid for two to three cargoes of Russian oil in yuan, marking a ...
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High-Trend International Group Stock Falls Amid Plans to Use China-Made Vessels to Avoid Port Fees
Shares of High-Trend International Group declined after the company said it will use China-manufactured vessels on certain shipping routes to avoid new port fees. The stock fell 20% to $8.13 Thursday.
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