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China’s plans to boost renminbi use in Africa face serious headwinds — CEIP study

While China has announced plans to boost the use of the Chinese currency renminbi in Southern Africa, part of Beijing’s efforts to diminish use of the dollar, a new study by Carnegie Endowment for International Peace (CEIP) highlights a number of major obstacles that stand in the way of BRICS’ de-dollarization efforts. In a visit […]