China seeks to slip the noose of US dollar domination

Renminbi direction can be like reading runes at the best of times. But recent policy statements from China regulators show a clear move away from a US dollar hegemony

By Peter Shadbolt

Jan 7, 2020

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Corporate treasurers looking for markers of Chinese currency direction in 2020 have probably already received their strongest signal yet as regulators moved to decrease the influence of the US dollar over the renminbi.

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