Latest / International Business with Fexingo: Global Trade, Cross-Border Deals, and Multinational Operations
How the Yuan's Rise Is Reshaping China Trade Finance
The Chinese yuan has quietly strengthened against the dollar this year, even as trade tensions escalate. In this episode, Lucas and Luna unpack why the yuan's stability matters beyond currency markets—specifically how it's shifting the trade finance landscape. With the yuan now accounting for over 6% of global payments, Chinese exporters are increasingly invoicing in their own currency, bypassing the dollar system. We look at the practical impact: a Shanghai-based textile exporter who cut transaction costs by 2% just by switching invoicing currency, and how this trend is pressuring…
The skinny
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