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How China manages its currency—and why that matters

China’s approach to its currency is a mix of bold ambition and fear of dollar strength. ....

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Despite the numbers, India's imports from China may have increased in 2023

In dollar terms, imports from China fell marginally in the first half of 2023 from the same period last year. But a closer examination of the data suggests the actual volume of imports may have increased ....

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China's yuan gains traction in international trade by THESE countries

The yuan became the most widely-used currency for cross-border transactions in China in March, surpassing the US dollar ....

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Chinese currency replaces dollar in Bangladesh's payments to Russia

Bangladesh will settle its pending payments to Russia in Chinese yuan instead of dollar. Dhaka will settle repayments worth $110 million to Moscow for the currently under construction Rooppur power plant in the Chinese currency, it was revealed.

The development came amid increasing de-dollarisation efforts by the developing nations and calls by BRICS [Brazil, Russia, India, China and South Africa] nation members for a common BRICS currency. ....

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De-dollarisation: Bangladesh ditches dollar, to pay Russia in Chinese yuan for nuclear plant

After the West imposed sanctions on Russia, Bangladesh was looking out for ways to settle $110 million for the Rooppur power plant which is under construction in the South Asian country ....

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