{"id":137613,"date":"2025-10-02T01:30:08","date_gmt":"2025-10-02T01:30:08","guid":{"rendered":"http:\/\/cryptospotters.net\/?p=137613"},"modified":"2025-10-02T01:30:08","modified_gmt":"2025-10-02T01:30:08","slug":"why-asia-pacific-is-rewriting-terms-of-trade-from-dollar-to-yuanunited-states-canada-south-china-morning-post","status":"publish","type":"post","link":"http:\/\/cryptospotters.net\/?p=137613","title":{"rendered":"Why Asia-Pacific is rewriting terms of trade from dollar to yuanUnited States &amp; Canada &#8211; South China Morning Post"},"content":{"rendered":"<p>Source: United States &amp; Canada &#8211; South China Morning PostFor decades, cross-border trade in the Asia-Pacific has been denominated in US dollars. Given the currency\u2019s relative stability and accessibility, small and medium-sized businesses, merchants and manufacturers looking to expand across borders traditionally conducted international trade in the US dollar.<br \/>\nFor instance, a Shenzhen manufacturer in China paying its Indonesian supplier would convert yuan to US dollars for the payment, which when received will be converted to Indonesian rupees, and&#8230;<a href=\"https:\/\/www.scmp.com\/opinion\/asia-opinion\/article\/3327285\/why-asia-pacific-rewriting-terms-trade-dollar-yuan?utm_source=rss_feed\" target=\"_blank\" class=\"feedzy-rss-link-icon\" rel=\"noopener\">Read More<\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>Source: United States &amp; Canada &#8211; South China Morning PostFor decades, cross-border trade in the Asia-Pacific has been denominated in US dollars. Given the currency\u2019s relative stability and accessibility, small&hellip; <\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[1],"tags":[],"_links":{"self":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/137613"}],"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=137613"}],"version-history":[{"count":0,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/137613\/revisions"}],"wp:attachment":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=137613"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=137613"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=137613"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}