Source: China – South China Morning PostThe yuan’s internationalisation remains on an upwards, if uneven, trajectory and is gradually reshaping the global monetary order, according to a new study released at a high-profile economic forum in Beijing – though some participants warned US efforts to dominate digital finance pose risks.
The yuan internationalisation index, which tracks the currency’s global use, rose by about 11 per cent in 2024 to 6.06, according to the Renmin University report released at this year’s International…Read More