Argentina struck a deal with Beijing on Wednesday to stop using U.S. dollars to pay for Chinese imports and embrace the yuan instead.
The deal further enhances China’s rise on the world stage and the diminished role of the U.S. on a host of fronts under President Joe Biden.
-- Recession
-- War in Ukraine
-- Inflation
-- Banking Crisis
-- High Fuel Prices
-- Disastrous Afghanistan Withdrawal
-- 401K Losses
-- Inflation and Stagnant Wages Resulting in Veritable Paycut for Americans Every Month Since Pedo Installed
-- And this...
The deal further enhances China’s rise on the world stage and the diminished role of the U.S. on a host of fronts under President Joe Biden.
-- Recession
-- War in Ukraine
-- Inflation
-- Banking Crisis
-- High Fuel Prices
-- Disastrous Afghanistan Withdrawal
-- 401K Losses
-- Inflation and Stagnant Wages Resulting in Veritable Paycut for Americans Every Month Since Pedo Installed
-- And this...
Argentina to pay for Chinese imports in yuan rather than dollars
Argentina will start to pay for Chinese imports in yuan rather than dollars, the government announced Wednesday, a measure that aims to relieve the country's dwindling dollar reserves.
www.reuters.com