_china-aims-to-boost-yuan39s-international-use-to-counter-potential-western-sanctions.jpg "China Aims to Boost Yuan's International Use to Counter Potential Western Sanctions from ksi if kfc closed down Video Screenshot Preview")
GalleryPlay Video:
(Note: The default playback of the video is HD VERSION. If your browser is buffering the video slowly, please play the REGULAR MP4 VERSION or Open The Video below for better experience. Thank you!)
⏲ Duration: 0:38
👁 View: 150K times
✓ Published: 31-May-2024
👁 View: 150K times
✓ Published: 31-May-2024
Description:
China is pushing for more international use of the yuan to reduce the impact of potential Western sanctions, such as in a military conflict over Taiwan. Expanding yuan use in trade is less challenging than making it a major global reserve currency, according to a researcher. Countries are diversifying from dollars due to fears of being cut off from the financial system by sanctions like Russia. A lack of yuan-denominated risk-free assets closed capital markets, and a preference for one-man rule hindered the yuan's replacement for dollars. A recent global survey found little interest in yuan use for trade due to a lack of trading partner acceptance.
China is pushing for more international use of the yuan to reduce the impact of potential Western sanctions, such as in a military conflict over Taiwan. Expanding yuan use in trade is less challenging than making it a major global reserve currency, according to a researcher. Countries are diversifying from dollars due to fears of being cut off from the financial system by sanctions like Russia. A lack of yuan-denominated risk-free assets closed capital markets, and a preference for one-man rule hindered the yuan's replacement for dollars. A recent global survey found little interest in yuan use for trade due to a lack of trading partner acceptance.
Share with your friends:
Whatsapp | Viber | Telegram | Line | SMS
Email | Twitter | Reddit | Tumblr | Pinterest
_what-is-it-like-to-be-black.webp "KSI")
_pro-palestine-protest-at-hampden-park-for-scotland-v-israel-woman39s-football-match.webp "Protesters gather ahead of Scotland v Israel match<br/><br/>Protesters have gathered outside Hampden ahead of Scotland’s Euro 2025 qualifier against Israel over the country’s military operation in Gaza.<br/><br/>A group carrying small coffins and Palestinian flags stood at the doors of the main stand prior to kick off.<br/><br/>The match is being played behind closed doors with no fans in attendance due to security concerns over “planned disruptions”.<br/><br/>The group B2 game is scheduled to kick off at 19:05.<br/><br/>Why Scotland are playing Israel in women's qualifier<br/><br/>Scotland v Israel to be played behind closed doors<br/><br/><br/>Last week, the SFA said it had been left with \")
_10-vs-1000-seafood-ft-ksi.webp "Chunkz")
_trying-kfc-after-lockdown.webp "Deji")
_when-kfc-is-off-brand.webp "Steven He")
_trying-kfc-in-america-for-the-first-time.webp "Deji")
_celtics-end-of-series-awards-124-eastern-conference-finals-124-first-to-the-floor.webp "The Boston Celtics have closed out yet another series, which it means it's time for the First to the Floor end-of-series awards show! Jaylen Brown may have won the Larry Bird ECF MVP Trophy, but will he walk away with the coveted Jordan Crawford Series MVP Award? Who are the nominees for the esteemed Blake Griffin Vibesman Award? Dripping with unmatched prestige, these awards can make or break a legacy.<br/><br/>Please LIKE this video and SUBSCRIBE to the channel!<br/><br/>Check out last week's underrated plays vid: https://youtu.be/XW_3RrudGvA<br/>️Subscribe to the podcast: https://podcasts.apple.com/podcast/first-to-the-floor-a-boston-celtics-podcast/id1351038879<br/>Follow us on Instagram: https://www.instagram.com/firsttothefloor18/<br/>Watch live Celtics games with us: https://playback.tv/celticsblog<br/>Check out Spooney's latest column on CelticsBlog: https://bit.ly/3UCITHv<br/><br/>JOIN OUR DISCORD SERVER: https://discord.gg/H75UWjmtya<br/>Buy our MERCH, Support the show!: https://bit.ly/fttfmerch<br/><br/>#bostonceltics<br/>#celtics<br/>#postgame<br/>#firsttothefloor<br/>#jaysontatum<br/>#jaylenbrown<br/>#nba")
_biggest-search-and-discard-ever.webp "KSI")
_what-is-it-like-to-be-black.jpg)
_pro-palestine-protest-at-hampden-park-for-scotland-v-israel-woman39s-football-match.jpg)
_10-vs-1000-seafood-ft-ksi.jpg)
_trying-kfc-after-lockdown.jpg)
_when-kfc-is-off-brand.jpg)
_trying-kfc-in-america-for-the-first-time.jpg)
_celtics-end-of-series-awards-124-eastern-conference-finals-124-first-to-the-floor.jpg)
_biggest-search-and-discard-ever.jpg)
![[+]](/images/menu.gif){kind=small}