Chinese Yuan Challenges U.S. Dollar – Recent Situation

(1)Google Translation of English Original Text
(2)The Chinese yuan overtook the U.S. dollar for the first time in history as the most used currency in China’s cross-border transactions
(3)The yuan’s ratio was close to zero in 2010
(4)It hit an all-time high of 48
(5)U.S. share fell to 47 from 83 over the same period
(6)April 27, 2023, 240 AM · 708,000 views
(7)1290 retweet 183 quote 4007 I like it

(1)For the first time in history, China’s share of yuan’s use in trade deals reversals
(2)In March 23, the volume of transactions through the yuan was 550 billion dollars in Korean money, about 736 trillion won
(3)Of course, the dollar is still overwhelming in the world, but it seems to be an interesting phenomenon
(4)The share of global trade is 83 to 4 yuan