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☆ Yσɠƚԋσʂ ☆@lemmy.ml to World News@lemmygrad.mlEnglish · 2 years ago

Bolivia Now Trades in China's Yuan Instead of USD

time.com

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Bolivia Now Trades in China's Yuan Instead of USD

time.com

☆ Yσɠƚԋσʂ ☆@lemmy.ml to World News@lemmygrad.mlEnglish · 2 years ago
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Bolivia is the latest country in South America to regularly use the Chinese currency in a growing challenge to the hegemony of the U.S. dollar for international financial transactions.
  • 小莱卡@lemmygrad.ml
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    2 years ago

    calm your horses, it’s just 10% of their trade

    • Marxism-Fennekinism@lemmygrad.ml
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      2 years ago

      I still see that as a win. Economic decoupling is really hard (see how well the West are doing with decoupling from China, hell or even Russia)

    • ☆ Yσɠƚԋσʂ ☆@lemmy.mlOP
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      2 years ago

      So far, the goal is to keep shifting away from the dollar going forward :)

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