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China’s yuan gains ground in global trade with room to grow, Goldman Sachs says
The currency’s use in global trade has grown sharply in recent years but still falls short of China’s economic weight, the bank says.
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caixinglobal.com
Analysis: Dollar’s Pain Is Yuan’s Gain
Geopolitical fragmentation, weakening confidence in the greenback and China’s efforts to expand financing channels are creating an opening for the yuan to evolve beyond a…
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scmp.com
China’s yuan gains ground in global trade with room to grow, Goldman Sachs says
The currency’s use in global trade has grown sharply in recent years but still falls short of China’s economic weight, the bank says.