Beijing's currency push continues despite economic headwinds | World Business Watch | WION
MP3•Episode home
Manage episode 436036774 series 2902138
Content provided by WION News. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by WION News or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
There is a profound change taking place in the world of finance. The US dollar has dominated global investment and commerce for many years. However, a fresh rival is now on the rise: the Chinese Yuan. As a result of China's deliberate attempts to lessen its reliance on the dollar, the yuan now accounts for a record portion of international payments. This achievement is a major step toward the creation of a more multipolar global monetary system.
…
continue reading
1402 episodes