Fundamental: The Road To A More Global Yuan Runs Through Moscow

Chinese President Xi Jinping concluded his Russian visit on Wednesday without much progress on peace in Ukraine. China, however, has pushed for deeper trade and investment links with its northern neighbor using its own currency. That suggests the path of least resistance for yuan internationalization now runs through Moscow instead of London or Singapore. ...     Alert Mar 24, 2023, 10:50pm Fundamental: The Road To A More Global Yuan Runs Through Moscow Chinese President Xi Jinping concluded his Russian visit on Wednesday without much progress on peace in Ukraine. China, however, has pushed for deeper trade and investment links with its northern neighbor using its own currency. That suggests the path of least resistance for yuan internationalization now runs through Moscow instead of London or Singapore. ... View Story Edit This Alert     You've opted-in to receive Alerts from Forex Factory. • Unsubscribe from this content • Enable Do-Not-Disturb to pause all Alerts • Contact FF for Alert support