The 'implosion of Russia as a great power' has opened the door for China to capitalize on Moscow's weakening economy

Tech Insider
Russian President Vladimir Putin shakes hands with Chinese President Xi Jinping during a welcome ceremony before Russia - China talks in narrow format at the Kremlin in Moscow, Russia March 21, 2023.
Russian President Vladimir Putin shakes hands with Chinese President Xi Jinping at the Kremlin on March 21.

Sputnik/Sergei Karpukhin/Pool via Reuters

Top commodity firm may start using China's yuan, potentially adding to de-dollarization trend

Tech Insider : Economy
The yuan is gaining strength and climbing the ranks of the world's most regularly traded currencies.

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Russia's economy will be frozen for a long time as it relies more on China and 'yuanization,' think tank says

Tech Insider : Economy
Vladimir Putin
Russian President Vladimir Putin gives a speech during the Victory Day military parade at Red Square in central Moscow on May 9, 2023.

GAVRIIL GRIGOROV/SPUTNIK/AFP via Getty Images

Russia and India reportedly halt talks over using rupees for trade, with Moscow preferring to be paid in Chinese yuan

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A man counts Indian rupee banknotes in Varanasi, Uttar Pradesh, India.
A man counts Indian rupee banknotes in Varanasi, Uttar Pradesh, India.

Dhiraj Singh/Bloomberg

De-dollarization is no longer a matter of if, but when — and is a national security concern, says International Crisis Group cochair

Tech Insider : Economy
Dollar vs. yuan in Russia

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De-dollarization is undeniable, and the debate about the greenback's dominance is heating up. Here's what Elon Musk, Ray Dalio, Chamath Palihapitiya and 7 others are saying.

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US dollar
US dollar

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De-dollarization and global reserves dominance, explained by a top currency economist and the inventor of the 'dollar smile' theory

Tech Insider

Happy Saturday, readers. I'm Phil Rosen. Let's talk about the dollar's role on the world stage — and see what one of the leading currency economists has to say about it.

Dollar dominance could give way to a 'tripolar' currency system as China's yuan and the euro rise on the world stage

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Dollar euro yuan dominance currency

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Argentina will pay for Chinese imports in yuan instead of dollars to preserve its shrinking greenback reserves

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dollar yuan
Argentina will pay for its Chinese imports in yuan instead of dollars to protect its greenback reserves.

Reuters/Petar Kujundzic

The dollar falls behind the yuan for the first time in Chinese cross-border transactions

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Dollar vs. Yuan

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