Gerard DiPippo on LinkedIn: The yuan is gaining ground as the preferred currency for trade settlement…
The yuan is gaining ground as the preferred currency for trade settlement among China’s partners, and not just with Russia. Higher dollar rates are one…
Gerard DiPippo
"The yuan is gaining ground as the preferred currency for trade settlement among China’s partners, and not just with Russia. Higher dollar rates are one explanation. Geopolitics is another.
Read my piece with Alex Isakov on the Bloomberg Terminal. https://blinks.bloomberg.com/news/stories/S5TZRFDWLU68 "
