Empowering Diversity and Inclusion in Business
Bloomberg Businessweek
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The Yuan Is the World's Number One Currency
CNN's John Defterios wonders who could replace the US as kind of the world's currency. China has strict rules on moving money into and out of China, he says. But every day we get announcements that countries in Central Europe, Argentina, Tokyo are using the Yuan for settlement,. That doesn't mean the dollar would be toppled overnight, but it starts to add to China's influence over the global trade system," writes Defterios.
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