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May 16, 2025
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China’s yuan sees payment popularity rise amid ‘soaring volatility’ in US Treasury market

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China’s yuan sees payment popularity rise amid ‘soaring volatility’ in US Treasury market
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China’s yuan sees payment popularity rise amid ‘soaring volatility’ in US Treasury market

By Carol Yang April 21, 2025

Washington’s policies seen opening door to greater yuan internationalisation, undermining but not removing US dollar’s dominance in global trade.  

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