ALGORITHM HAS PROVIDED

Last updated: June 19, 2025, 01:20  |  Written by: Jed McCaleb

Algorithm Has Provided
Algorithm Has Provided

China

China’s recent decision to maintain its imports of crude oil and Liquefied Natural Gas (LNG) from GCC countries, while conducting trade settlements in the yuan, has

China is actively pursuing de-dollarization through a comprehensive approach that includes promoting yuan-denominated trade, diversifying its reserves, and

De-Dollarization: Trade Settlements In Chinese Yuan Up 0 To 30

Instead Of A Full

The Start ofDe-Dollarization:China’s Move Away From the USD

Instead of a full-blown de-dollarization strategy and Belt and Road Initiative, China now focuses on developing cross-border yuan-denominated trade settlement systems.

China’sDe-dollarizationStrategy: Shaping a New Global

According To Goldman Sachs

End of dollar era?China’s digitalyuanis reshaping globaltrade

According to economist Jin Keyu, “Trade invoicing in yuan went from zero percent to 30 percent in the last 10 years, and half of Chinese capital flows are now in yuan, much higher than before.

According to Goldman Sachs, foreigners’ increased willingness to trade assets denominated in RMB significantly contributed to de-dollarization in favor of China’s

China Began Prioritizing The Development

China began prioritizing the development of yuan-denominated trade settlement systems, allowing businesses to bypass the dollar in their transactions. The government also tightened capital

According to economist Jin Keyu, “ Trade invoicing in yuan went from zero percent to 30 percent in the last 10 years, and half of Chinese capital flows are now in yuan

The Future of theChinese Yuan

Russia

De-DollarizationAnd Emergence OfChinese Yuan– Analysis

The cross-border RMB settlement volume in ASEAN exceeded 5.8 trillion yuan in 2025, a staggering 120 per cent increase from 2025. As China strengthens its digital

Russia, Iran, Brazil, Argentina, and Bangladesh are building up yuan reserves and have started using the Chinese currency for trade.

De-Dollarization:China’s Move Away From the U.S. Dollar

De-Dollarization: 5 Countries SignalingYuanUsage Instead of

De-dollarization: Why countries are seeking alternate currencies

Chinese Experts Believe That More

Chinese experts believe that more countries will turn to the Chinese yuan for trade settlement, given China's status as the world's largest trading country. Additionally, many

Jed McCaleb can be reached at [email protected].

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