• Yuan trade finance rises in Hong Kong as firms seek cost efficiencies amid US-China tensions | South China Morning Post

    Source: Buzz FX / 02 Feb 2025 17:46:15   America/Chicago


    The use of the yuan in trade finance is gaining momentum as companies seek cost efficiencies and supply chain diversification amid US-China tensions and improvements in the currency’s offshore liquidity, according to top financiers in Hong
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