- November 18th, 2024
As Chinese President Xi Jinping strives to position the yuan as a stable and influential currency in global trade, the specter of Donald Trump’s potential return to the U.S. presidency looms large, threatening to derail these ambitions. With global trade...
Global hedge funds are gearing up for an intense battle over China’s yuan, betting on a currency devaluation in anticipation of Donald Trump’s potential re-election. These funds, motivated by fears of geopolitical upheaval and a return to Trump’s aggressive trade...
Russia's increasing use of the Yuan indicates a need for a diverse and adaptable approach to global finance. The yuan due to the war in Ukraine and Western sanctions may undermine the US dollar, according to the European Bank for...