South China Morning Post CENTER (0.0) Reliability: 7.5/10

Yuan rapidly gaining ground as Chinese firms plot global expansion

✍️ Julie Zhang 📅 November 17, 2025 06:38 AM 🕐 Scraped: November 17, 2025

Summary: Yuan’s use in cross-border payments rose 14 per cent year on year to 35 trillion yuan (US$4.9 trillion), according to the People’s Bank of China.

Chinese companies expanding overseas are increasingly using the yuan for financing and payments to build their international operations, boosting the currency’s growing clout in international trade and inv

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📝 Article Information

Author

Julie Zhang

Original Publisher

🌍 South China Morning Post

CENTER Bias (0.0)

Published Date

November 17, 2025 at 06:38 AM

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