{"id":135910,"date":"2025-09-05T08:00:09","date_gmt":"2025-09-05T08:00:09","guid":{"rendered":"http:\/\/cryptospotters.net\/?p=135910"},"modified":"2025-09-05T08:00:09","modified_gmt":"2025-09-05T08:00:09","slug":"kenyas-plan-to-switch-debt-payments-from-us-dollars-to-yuan-is-a-win-win","status":"publish","type":"post","link":"http:\/\/cryptospotters.net\/?p=135910","title":{"rendered":"Kenya\u2019s plan to switch debt payments from US dollars to yuan is a \u2018win-win\u2019"},"content":{"rendered":"<p>Source: China &#8211; South China Morning PostKenya\u2019s plan to convert its US dollar-denominated Chinese debt to yuan is a \u201cwin-win\u201d, as it is expected to reduce interest payments for the African nation while advancing China\u2019s goal of increasing the global use of its currency, according to analysts.<br \/>\nThe deal would be precedent-setting and could establish a new rule book for future debt restructuring and possibly cut reliance on the US dollar.<br \/>\nIn late August, Kenya\u2019s Treasury announced that talks with the Export-Import Bank of China were at&#8230;<a href=\"https:\/\/www.scmp.com\/news\/china\/diplomacy\/article\/3324321\/kenyas-plan-switch-debt-payments-china-us-dollars-yuan-win-win?utm_source=rss_feed\" target=\"_blank\" class=\"feedzy-rss-link-icon\" rel=\"noopener\">Read More<\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>Source: China &#8211; South China Morning PostKenya\u2019s plan to convert its US dollar-denominated Chinese debt to yuan is a \u201cwin-win\u201d, as it is expected to reduce interest payments for the&hellip; <\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[3],"tags":[],"_links":{"self":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/135910"}],"collection":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=135910"}],"version-history":[{"count":0,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/135910\/revisions"}],"wp:attachment":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=135910"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=135910"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=135910"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}