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World News@lemmy.mlEnglish · 1 year ago

Bolivia Now Trades in China's Yuan Instead of USD

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Bolivia Now Trades in China's Yuan Instead of USD

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World News@lemmy.mlEnglish · 1 year ago

cross-posted to:
[email protected]

Bolivia is the latest country in South America to regularly use the Chinese currency in a growing challenge to the hegemony of the U.S. dollar for international financial transactions.

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Krause [he/him]@lemmygrad.ml
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1 year ago

coexistence

Which is not what is happening since Bolivia is using the Yuan for trades that were previously made in USD.

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