Tag

US Dollar

Argentina trims Beijing's influence in South America

Argentina's new President Javier Milei does not like dictatorships. Instead of making his country's economic recovery dependent on China, he is relying on the support of the USA and Europe. Threats from Beijing are followed by pragmatic advances from the regime.

By Marcel Grzanna

Yuan climbs the currency ranks

Compared to the US dollar and the euro, only a fraction of international trade is settled in yuan. But the Chinese currency is gaining in popularity – thanks in part to Russia.

By Redaktion Table