The Start of De-Dollarization: China’s Move Away From the USD

As of March 2024, over half (52.9%) of Chinese payments were settled in RMB while 42.8% were settled in USD.

By: Yahoo Entertainment

Sep 04 2024
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The Start of De-Dollarization: China’s Move Away From the USD — The Start of De-Dollarization:

The global financial landscape is undergoing a subtle yet significant transformation. At the heart of this change is the concept of "de-dollarization" the gradual reduction of the US dollar's dominan… [+6616 chars]

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