Thursday, April 27, 2023

Argentina Shuns U.S. Dollar: Will Pay for China Imports in Yuan

"Argentina struck a deal with Beijing on Wednesday to stop using U.S. dollars to pay for
Chinese imports and embrace the yuan instead.
The measure, driven by Argentina’s leftist President Alberto Fernández, is designed to relieve the South American country’s dwindling dollar reserves........The deal further enhances China’s rise on the world stage and the diminished role of the U.S. on a host of fronts under President Joe Biden." Breitbart

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