China’s Currency Yuan Gaining Dominance in International Trade

China’s Currency Yuan Gaining Dominance in International Trade.

In recent years, China’s currency yuan, has been gradually gaining dominance around the world.

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India, however, has shown reluctance to use the yuan for paying for Russian imports and has preferred the UAE’s dirhams.

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The future of the yuan looks promising, but China will have to continue to work towards promoting the currency’s global use.

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