China’s yuan internationalisation faces coronavirus, geopolitical threats despite record cross-border use


Favourable conditions for the increase included the launch of regional pilot projects in the Greater Bay Area, Shanghai Free Trade Zone and Hainan Free Trade Port, according to a report on the yuan’s internationalisation of by the China Banking Association. Photo: Imaginechina


Favourable conditions for the increase included the launch of regional pilot projects in the Greater Bay Area, Shanghai Free Trade Zone and Hainan Free Trade Port, according to a report on the yuan’s internationalisation of by the China Banking Association. Photo: Imaginechina