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Last updated: June 18, 2025, 13:17  |  Written by: Elizabeth Rossiello

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China

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

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

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

The Cross

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

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

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

China Began Prioritizing The Development

De-DollarizationAnd Emergence OfChinese Yuan– Analysis

De-dollarization: Why countries are seeking alternate currencies

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

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

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.

The Future of theChinese Yuan

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

De-Dollarization: 5 Countries SignalingYuanUsage Instead of

China’sDe-dollarizationStrategy: Shaping a New Global

According To Economist Jin Keyu

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

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.

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

End of dollar era?China’s digitalyuanis reshaping globaltrade

Elizabeth Rossiello can be reached at [email protected].

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