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- China signed a series of yuan-denominated loans at the Belt and Road Initiative forum on Wednesday.
- The latest BRI loans marked another shift away from the greenback.
- Beijing's yuan lending spree comes after most of its prior BRI loans were denominated in US dollars.
China's policy banks signed a series of yuan-denominated loans Wednesday at the latest Belt and Road Initiative forum in Beijing.
Beijing's yuan lending spree marks another step to internationalize the yuan and de-dollarize global finance, while also contrasting with its prior BRI loans, which were mostly denominated in greenbacks.