Argentina is switching to paying for imports from China in yuan against the backdrop of issues with maintaining reserves of the central bank, Argentine Economy Minister Sergio Tomas Massa said on Wednesday. “We activated the swap with China … which will allow us to import from this country in yuan, ...
Beijing will work to make energy purchases in yuan instead of the US dollar signaling another step towards shifting further away from the greenback, China’s President Xi Jinping has told Gulf Arab leaders as cited by Reuters. China’s leader highlighted the necessity of the move while speaking at a Chinese-Arab ...
