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3232China Makes Advances in Ditching the US Dollar for Settlements — Inks Deal With Brazil and Completes First Yuan LNG Purchase
https://www.digit.info/china-makes-advances-in-ditching-the-us-dollar-for-settlements-inks-deal-with-brazil-and-completes-first-yuan-lng-purchase/
Fri, 31 Mar 2023 09:49:58 +0000https://www.digit.info/2023/03/31/china-makes-advances-in-ditching-the-us-dollar-for-settlements-inks-deal-with-brazil-and-completes-first-yuan-lng-purchase/Read more]]>China has been advancing its goal of positioning the yuan as an alternative to the U.S. dollar for settling international payments. The Chinese government recently struck a bilateral deal with Brazil to settle trades using their national currencies and completed a purchase of Liquefied Natural Gas (LNG) with a French company using yuan as payment. […]
China has been advancing its goal of positioning the yuan as an alternative to the U.S. dollar for settling international payments. The Chinese government recently struck a bilateral deal with Brazil to settle trades using their national currencies and completed a purchase of Liquefied Natural Gas (LNG) with a French company using yuan as payment. […]