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China’s war chest: how Beijing is using its currency to insulate against future sanctions

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In the wake of sanctions on Russia, China has pushed to conduct more trade using the yuan in an effort to reduce its reliance on the dollar

 

 

Amy Hawkins senior China correspondent
Mon 8 May 2023 00.01 BST














https://www.theguardian.com/world/2023/may/08/chinas-war-chest-how-beijing-is-using-its-currency-to-insulate-against-future-sanctions
 
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