China To Settle $582,300,000,000 in Yuan Worldwide Amid Push to Circumvent US Dollar: Report

China says it’s now signed $582.3 billion worth of global currency settlement agreements that will exclusively utilize the yuan. According to a new report from the Chinese state-backed outlet China Daily, the country’s central bank has inked deals with more than 40 countries and regions since 2016. As for the countries involved in the pacts, The post China To Settle $582,300,000,000 in Yuan Worldwide Amid Push to Circumvent US Dollar: Report appeared first on The Daily Hodl .