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YUAN: THE GLOBAL CHALLENGE TO THE U.S. DOLLAR

China's strategy for the yuan is shifting the balance of global economy. Whilst Beijing aims to strengthen the international role of its currency, it continues to maintain a competitive exchange rate to support Chinese exports. This approach is boosting growth in the Asian giant but is also putting pressure on Europe and fuelling tension with…

ByadministratorJuly 21, 20260Comments

Economy & Finance

CHINA: STRONG OR WEAK YUAN?

China’s Strategy for a Global Yuan At the end of January, the Chinese president relaunched an ambitious goal: to transform the yuan into a central currency within the international monetary system. In an article published in the Chinese Communist Party’s theoretical journal Qiushi, the need for a strong, international currency capable of spreading throughout global…

ByadministratorMarch 5, 20260Comments

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