“Argentina switches to yuan payments for Chinese imports, following Brazil’s lead”

2023-04-26 22:01:53 By Le Figaro with AFP Published on 04/27/2023 at 00:01 This content is not accessible. Brazil had made a similar decision at the end of March. keymetric / stock.adobe.com Argentina will now pay for its Chinese imports in yuan rather than in dollars, like the other South American giant, Brazil, which took a … Read more

“Argentina Uses Yuan to Import Goods from China: Strengthening Bilateral Trade & Avoiding Triangulation”

2023-04-26 21:50:42 The Minister of Economy, Sergio Massa, announced this Wednesday that the country will use this month yuan for the equivalent of 1.04 billion dollars to import intermediate goods from China to maintain the level of activity and without compromising the reserves of the Central Bank. This mechanism can be used thanks to the … Read more

Watch.. “Putin” announces the use of the Chinese yuan in commercial transactions with Asian, African and Latin American countries

Al-Marsad Newspaper: Russian President Vladimir Putin announced the use of the Chinese yuan in settlements and commercial transactions with Asian, African and Latin American countries. “We support the use of the Chinese yuan in settlements between the Russian Federation and the countries of Asia, Africa and Latin America,” he said during his talks with Chinese … Read more

Chinese developers receive more than 100 billion yuan in financing in December

According to ReutersChinese construction companies received 101.8 billion yuan ($14.9 billion) in funding in December, citing data from analyst firm CRIC. This is a third more than in December 2021. The agency notes that such an active growth in the volume of funds raised is associated with the launch of a state program to support … Read more

KBANK gives the baht frame next week 34.50-35.10 | RYT9

Kasikorn Bank (KBANK) sees the movement of the baht at the level of 34.50-35.10 baht per dollar. For the next week (December 19-23), while the Kasikorn Research Center assesses important factors to monitor, including the direction of foreign capital. RMB and Asian currencies and Thai export figures in November While important US economic numbers include … Read more