#renminbi — Public Fediverse posts
Live and recent posts from across the Fediverse tagged #renminbi, aggregated by home.social.
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@ChrisMayLA6
The #China has long been involved in money markets without drawing too much attention to itself. It’s expansive USD$ reserve is a quiet lever they manage to use behind the scenes to temper #USD dominance. The #RenMinBi (RMB) has long been undervalued (according to most NeoLiberal economists) but is is gathering strength. As long as the #PRC doesn’t muck it up with its constant saber rattling against #Taiwan, it is in a strong position to place the RMB as an alternative #currency reserve. Time will tell… but for #XiJingPing, and the PRC, it’s a long term game. Certainly, any move of the RMB into the market puts added pressure onto the USD as the dominant global currency (And with a Magga-ist serving as the secretary of the treasury under #tRumpo, what could possibly go wrong?) -
https://www.europesays.com/afrique/142798/ Standard Bank devient chambre de compensation du yuan en Afrique – Africtelegraph #Afrique #AfriqueDuSud #ChineAfrique #dédollarisation #Finance #icbc #renminbi #StandardBank #yuan
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https://www.europesays.com/africa/305926/ Standard Bank devient chambre de compensation du yuan en Afrique – Africtelegraph #Afrique #AfriqueDuSud #ChineAfrique #dédollarisation #Finance #icbc #renminbi #StandardBank #yuan
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Brasil irá emitir títulos públicos na China a juros menores que em dólar
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Brasil irá emitir títulos públicos na China a juros menores que em dólar