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China’s renewed push for yuan internationalization is aimed at multipolarity, rather than replacing the dollar as the preeminent global currency, said Teneo.
The latest measures aim to not just facilitate trade but also open China’s financial markets and embed the yuan more deeply ...
A Chinese Yuan banknote, U.S. and Chinese flags are seen in this illustration taken, April 4, 2025. REUTERS/Dado Ruvic/Illustration.
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