How Increasing Use of China’s Currency on Global Markets Affects U.S. Investors

The rise of China as an economic powerhouse has been accompanied by efforts to internationalize their currency, the Yuan (CNY), with the goal of expanding its global influence. This has been achieved through various means including the establishment of CNY clearing banks in other countries, the development of offshore CNY markets, and the signing of [...] The post How Increasing Use of China’s Currency on Global Markets Affects U.S. Investors appeared first on ETF Trends .