The People's Bank of China has reported a significant increase in the use of the yuan for cross-border trade, with payments and receipts rising by 21.1 per cent year on year in the first eight months of 2024.

Chinese yuan use rises 21.1% in cross-border trade as Beijing seeks global currency status

Argentina's economic crisis and South American nation's continued reliance on the US dollar has resulted into an opportunity for Chinese Yuan that Bejing didn't see coming.

Argentina chooses Chinese Yuan over US dollar amid economic crisis

China wants to be the financial superpower and it is leaving no stone unturned in its quest to replace the U.S. Dollar with the Yuan as the global currency. Where does India stand in this race? On Gravitas Plus, Palki Sharma has the details.

Gravitas Plus: Does the Yuan pose a threat to the U.S. Dollar?