Brics Start Of De Dollarization 52 Trade In China Settled In Yuan

Last updated: June 9, 2025, 22:50

Brics Start Of De Dollarization 52 Trade In China Settled In Yuan

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How can BRICS de-dollarize the financial system?

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De-Dollarization Begins: 52% of Chinese Trade

BRICS: Start of De-Dollarization, 52% Trade in China

Recent data shows that

Recent data shows that 52.9% of all trade in China was settled in yuan by March 2025. Only 42.8% of trade was settled in US dollars, a significant drop. If other BRICS members follow