China's quest to turn the yuan into a global currency isn't actually driven by domination. It's about sanctions.
In a recent global survey of 1,660 enterprises, many respondents said their trading partners were unwilling to use the Chinese yuan.
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Why is Russia so obsessed with the Chinese yuan? – Does it even make sense?
So, back to our original question: Why the fixation with the Chinese yuan? For Russia, it’s a matter of survival. With traditional financial avenues blocked and the West turning its back ...
Boston College5mon
Computer Science Faculty
Yuan Yuan is an Assistant Professor of Computer Science at Boston College. Previously, she was a postdoctoral research associate at MIT CSAIL. Before her time at MIT, she obtained her Ph.D. degree ...
Reuters25d
China's central bank governor says stable yuan key to global financial stability
BEIJING, Feb 16 (Reuters) - China's central bank governor said on Sunday a stable yuan currency has been key to global financial and economic stability and Beijing will continue to let the market ...
MoneyWeek8y
A strong US dollar, a tumbling yuan – so why aren't markets collapsing?
We're not privy to the exact content of the discussions, but the market largely decided that a "Shanghai accord" had been agreed whereby the dollar would stop rising, so that the yuan could stop ...