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De-Dollarization: BRICS Could Swing 'Economic Wrecking Ball' at the Dollar

The US dollar could soon be in the same position as the British pound in the 1800s, a former White House economist warned. ....

White House , District Of Columbia , United States , Daniel Grizelj Getty , Mi Exclusive , De Dollarization , Dollar Dominance , S Dollar , Brics Nations , Saudi Arabia , South Africa , Global Trade , Usiness Holiday Reup 2023 ,

The yuan is finally showing some muscle in international trade

The yuan s stealthy climb in global payments could see it pose a challenge to the U.S. dollar s dominance. ....

President Xi Jinping , S Dollar , Global Economy ,

Air China plans up to $842 million share placement to buy planes, boost capital

Air China plans to raise up to 6.0 billion yuan ($842 million) in a private share sale on the Shanghai Stock Exchange to expand its fleet and replenish working capital, it said on Friday. The flagship carrier is aiming to sell up to 854.7 million shares, equivalent to 30% of its existing capital, to its controlling shareholder China National Aviation Holding Corporation Limited, it said in a statement to the Shanghai exchange. Air China will use 4.2 billion yuan of the proceeds to fund the purchase of 17 airplanes, with the remaining 1.8 billion yuan used to boost its working capital, according to the filing. ....

Hong Kong , Twinnie Siu , Ella Cao , Mark Potter , Air China , China National Aviation Holding Corporation , Shanghai Stock Exchange , Air China , China National Aviation Holding Corporation Limited , Working Capital ,

Hong Kong identifies yuan trading, talent growth and green finance as areas for cooperation with Vietnam and Laos

Hong Kong sees yuan trading, talent development and green finance as three potential areas of cooperation to boost its ties with Vietnam and Laos, top treasury official Christopher Hui says in a blog post. ....

Republic Of , Hong Kong , John Lee Ka Chiu , Kong Exchanges , Executive John Lee Ka Chiu , Belt And Road Initative , Green Finance ,

De-Dollarization: China-Russia Trade Has Almost Completely Abandoned USD

China and Russia have more than 90% de-dollarized their bilateral trade, according to Russia's prime minister. ....

Mi Exclusive , Dollar Dominance , S Dollar , China Trade , Us China Trade Tensions ,