World economies shifting away from using the dollar for trade

Analysts believe that China and other countries are gradually reducing their dependence on the dollar by using local currencies for cross-border trade, helping to create a multipolar international currency system. — China Daily

HONG KONG: Economies across the world are exploring the use of convenient currencies other than the US dollar for trading.

Analysts believe that China and other countries are gradually reducing their dependence on the dollar by using local currencies for cross-border trade, helping to create a multipolar international currency system.