Brazil
China
chinese e-yuan
Chinese Yuan
dedollarization
Economics
France
Ju Jiandong
liquefied natural gas
LNG
Russia
US Dollar
China Makes Advances in Ditching the US Dollar for Settlements — Inks Deal With Brazil and Completes First Yuan LNG Purchase
China has been advancing its goal of positioning the yuan as an alternative to the U.S. dollar for settling international payments. The Chinese government recently struck a bilateral deal with…