China Economy Featured China stimulus presents a new chapter for global markets China’s aggressive stimulus, including a $142 billion bank injection and fiscal spending, boosts global markets, driving stock surges.
dollar This is why Russia is promoting the yuan With Russia being officially blocked off from both the US dollar and the euro, the state-owned VTB Bank has given its customers the option of opening Chinese yuan savings accounts with a maximum interest rate of 8%. Russia’s second-largest bank has been battered by Western sanctions aimed at completely