Hong Kong SAR Powers Next Leap in RMB Internationalization
Hong Kong SAR is set to supercharge RMB global use via CIPS, boosting trade settlements and digital currency initiatives under China’s 15th Five-Year Plan.
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Hong Kong SAR is set to supercharge RMB global use via CIPS, boosting trade settlements and digital currency initiatives under China’s 15th Five-Year Plan.
Ethiopia and Kenya’s recent yuan-based debt swaps showcase how the Chinese yuan is gaining ground in Africa, offering cheaper rates and smoother trade deals.
BRICS is breaking ground with a non-dollar trade payment system, led by Brazil using China’s CIPS, paving the way for global finance innovation.