
China Sees Rising Global Interest in RMB Assets 🌏💹
China’s regulator forecasts increased foreign holdings of RMB assets, citing economic stability and market reforms. A sign of global confidence in China’s financial future. 💼📈
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China’s regulator forecasts increased foreign holdings of RMB assets, citing economic stability and market reforms. A sign of global confidence in China’s financial future. 💼📈
China’s cross-border transactions hit $7.6 trillion in H1 2024, with the yuan dominating 53% of flows. A new milestone for global finance! 💰
The Chinese yuan overtakes Japan’s yen as the 4th most-used global payment currency, signaling rising financial influence with 22% monthly growth.
China accelerates financial reforms, drawing record global investments in bonds & insurance as RMB use surges internationally. 🌍💸