BRICS Nations Push for Dollar Alternatives in Global Trade
Brazil leads BRICS in adopting China’s CIPS payment network, challenging dollar dominance in global trade with 1,300+ connected institutions worldwide.
CIPS
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HSBC Hong Kong Joins CIPS, Boosting Renminbi’s Global Expansion
HSBC Hong Kong joins China’s CIPS, marking a significant step in the renminbi’s global expansion and highlighting China’s growing influence in international finance.