Continue Reading
Full article on Unknown
China Finds Costly New Way of Boosting Xi’s Global Yuan Push
Market Intelligence Analysis
AI-Powered
Why This Matters
China is successfully expanding the use of the yuan as a global currency by offering yuan-denominated loans to countries like Ethiopia, potentially reducing China's revenue but increasing the yuan's international usage.
Market Impact
Market impact analysis based on bullish sentiment with 80% confidence.
Sentiment
Bullish
AI Confidence
80%
Article Context
Note: This is a brief excerpt for context. Click below to read the full article on the original source.
Ethiopia became the latest this week in looking to convert at least part of the $5.38 billion owed to Beijing into yuan-denominated loans. “If the borrowers pay less, then the lender gets less,” said Michael Pettis, a senior fellow at the Carnegie Endowment for International Peace. “The benefit for China in exchange for less revenue is that the renminbi becomes a more internationally-used currency.”
Original article published by
Unknown
on October 24, 2025.
Analysis and insights provided by AnalystMarkets AI.
Analysis and insights provided by AnalystMarkets AI.