RMB Gains Momentum in Middle East as UAE Expands Yuan Clearing
UAE emerges as key RMB hub with clearing volumes surpassing 900B yuan, driven by China’s financial integration strategy and growing Middle East trade ties.
News & Insights Across Asia
UAE emerges as key RMB hub with clearing volumes surpassing 900B yuan, driven by China’s financial integration strategy and growing Middle East trade ties.
China’s 2025 Financial Street Forum outlines bold plans for openness, digital currency innovation, and sustainable growth, shaping global economic trends.
China’s RMB is gaining global acceptance as the country expands its financial influence. With new clearing banks and increased cross-border transactions, the yuan is rising internationally.