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A future where you can use yuan instead of dollar


Credible alternative: An employee arranging bundles of one-hundred yuan bank notes at KEB Hana Bank in Seoul. Yuan has been identified in one area where it can be an alternative to the US dollar. — Bloomberg

Credible alternative: An employee arranging bundles of one-hundred yuan bank notes at KEB Hana Bank in Seoul. Yuan has been identified in one area where it can be an alternative to the US dollar. — Bloomberg

HONG KONG: The yuan is at its highest in more than a year, but China’s efforts to internationalise it remain in their infancy.

AXA Framlington Asia’s Mark Tinker, however, has identified one area where it’ll provide an alternative to the dollar.

China , Yuan , Russia

   

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