423mon0cfgaussian in geopoliticsChina is ditching the dollar, fasthttps://archive.ph/20250913195628/https://www.economist.com/china/2025/09/10/china-is-ditching-the-dollar-fastThe Economist reports: "China is ditching the dollar, fast". Over 30% of China’s trade in goods & services is now done in its own currency, RMB. China settles over 50% of its total cross-border receipts (including financial flows) in yuan, up from less than 1% in 2010.
cfgaussian in geopolitics
China is ditching the dollar, fast
https://archive.ph/20250913195628/https://www.economist.com/china/2025/09/10/china-is-ditching-the-dollar-fastThe Economist reports: "China is ditching the dollar, fast".
Over 30% of China’s trade in goods & services is now done in its own currency, RMB.
China settles over 50% of its total cross-border receipts (including financial flows) in yuan, up from less than 1% in 2010.