China: On the Brink of War
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Re: China: On the Brink of War
Argentina to pay for Chinese imports in Yuan instead of U.S. dollar

Argentina will pay for imports from China in yuan instead of US dollars for settlement, the country's Economy Minister Sergio Massa said at a press conference on April 26, noting that the move signifies stronger bilateral trade ties, China Central Television reported on Thursday.
After reaching the agreement with various companies, Argentina will use the yuan for imports from China worth about US$1.04 billion this month, accelerating imports from China in the next few months as the move is expected to increase efficiency by reducing authorization time.
Starting from May, Argentina is expected to use the yuan for imports from China worth US$790 million to US$1 billion.
Using yuan for settlement not only helps to strengthen international reserves but also facilitates bilateral trade and brings greater flexibility, Massa said.
https://news.cgtn.com/news/2023-04-27/A ... index.html
Re: China: On the Brink of War
China, Brazil Strike Deal To Ditch Dollar For Trade
China and Brazil have reached a deal to trade in their own currencies, ditching the US dollar as an intermediary, the Brazilian government said Wednesday, Beijing's latest salvo against the almighty greenback.
The deal will enable China, the top rival to US economic hegemony, and Brazil, the biggest economy in Latin America, to conduct their massive trade and financial transactions directly, exchanging yuan for reais and vice versa instead of going through the dollar.
"The expectation is that this will reduce costs... promote even greater bilateral trade and facilitate investment," the Brazilian Trade and Investment Promotion Agency (ApexBrasil) said in a statement.
China is Brazil's biggest trading partner, with a record $150.5 billion in bilateral trade last year.
https://www.barrons.com/news/china-braz ... e-8ed4e799
China and Brazil have reached a deal to trade in their own currencies, ditching the US dollar as an intermediary, the Brazilian government said Wednesday, Beijing's latest salvo against the almighty greenback.
The deal will enable China, the top rival to US economic hegemony, and Brazil, the biggest economy in Latin America, to conduct their massive trade and financial transactions directly, exchanging yuan for reais and vice versa instead of going through the dollar.
"The expectation is that this will reduce costs... promote even greater bilateral trade and facilitate investment," the Brazilian Trade and Investment Promotion Agency (ApexBrasil) said in a statement.
China is Brazil's biggest trading partner, with a record $150.5 billion in bilateral trade last year.
https://www.barrons.com/news/china-braz ... e-8ed4e799
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Digital Weyane
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Re: China: On the Brink of War
ኡኔና ትግራዋይ ዎንድሜ Meleket የሱንዴ እርዳታ እየበላን <<ጣይዋን ሆይ ብረሳሽ ቀኜ ትርሳኝ!>> የምንልበት ጊዜ ሩቅ አይደለም።
Re: China: On the Brink of War
It is time to dump the US Dollar so the racist Americans understand the fallacy of their "my way or the highway" crap.Digital Weyane wrote: ↑27 Apr 2023, 11:08ኡኔና ትግራዋይ ዎንድሜ Meleket የሱንዴ እርዳታ እየበላን <<ጣይዋን ሆይ ብረሳሽ ቀኜ ትርሳኝ!>> የምንልበት ጊዜ ሩቅ አይደለም።![]()
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