BRICS: $2 Billion Copper Trade To Be Paid In Chinese Yuan, Not US Dollar

BRICS member China is convincing African nations to ditch the US dollar and trade in the Chinese Yuan for cross-border transactions. The Bank of China’s office in Zambia is pushing to increase trade in the Chinese Yuan in Southern Africa. Zambia is Africa’s second-largest producer of copper and…#brics #african #chineseyuan #bankofchinas #zambia #southernafrica #africa #chinadumpsusdollars #chineseyuanthreatens #usdollarin
Source: Reuters: Health - Category: Consumer Health News Source Type: news