Discussions are underway for the opening of Chinese banks in Bolivia but there are serious doubts and concerns about trading with China in Yuan currency, Voice
Jose Gabriel Espinoza, an economist and former director of the Central Bank of Bolivia, said yuan pronouncements are more politically motivated in order to lower the population s expectations owing to a scarcity of dollars
Bolivia Grows Closer to China but Switch from Dollar to Yuan Still Work in Progress globalsecurity.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from globalsecurity.org Daily Mail and Mail on Sunday newspapers.
Faced with the dollar shortage affecting Bolivia, the government of Luis Arce is considering expanding its foreign trade through currency exchange with China.