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Nino Abdaladze

Where Republican Candidates Stand on China

Where Republican Candidates Stand on China

As the Republican primary race intensifies, the party's potential nominees for the 2024 presidential election present a wide spectrum of views on one of the United States' most complex foreign policy issues: China. Former President Donald Trump is the preferred candidate of an increasing majority of Republican

China Central Bank's Resolute Stand: Bolster Yuan From 16-Year Low

China Central Bank's Resolute Stand: Bolster Yuan From 16-Year Low

The Lede: On Monday, the Chinese yuan saw a recovery from its 16-year low as China's central bank declared its commitment to sustaining the beleaguered currency amid its extended decline against the U.S. dollar and concerns over China’s post-pandemic economy struggling to gain momentum. What we

Legislators Act Against Chinese Farmland Purchases

Legislators Act Against Chinese Farmland Purchases

The Lede: State and federal lawmakers are increasingly trying to restrict China from buying American farmland on the basis of national security and food security risks. Despite being a minute fraction of all foreign-owned land in the U.S., the acquisitions made by Chinese entities have raised concerns about the

Bolivia Adopts Yuan for Trade

Bolivia Adopts Yuan for Trade

The Lede: Bolivia has now adopted the yuan as its currency for both imports and exports, joining the ranks as the third South American country to make this transition. The shift away from the conventional dollar-centered trade aligns with China's ongoing efforts to establish the yuan's

NATO's China Agenda: Concrete Actions at Vilnius Summit

NATO's China Agenda: Concrete Actions at Vilnius Summit

The Lede: NATO is expected to discuss security challenges posed by China at the summit in Vilnius, Lithuania, next week, as part of its Strategic Concept that the alliance adopted a year ago in Madrid. What we know: * The Madrid Summit Declaration, issued by NATO Heads of State and Government

Record Demand for Yuan as Dollar Scarcity Grips Argentina

Record Demand for Yuan as Dollar Scarcity Grips Argentina

The Lede: A shortage of U.S. dollars in Argentina has led the country to increase a currency swap arrangement with China so more companies in the South American country could use the Renminbi, or yuan, to pay for imports, services and debts. Argentine Economy Minister Sergio Massa last month

Hong Kong Stock Exchange Adds Yuan-Denominated Shares

Hong Kong Stock Exchange Adds Yuan-Denominated Shares

The Lede: The Hong Kong stock exchange has introduced shares denominated in the Chinese yuan, as China accelerates its efforts to globalize its currency with a goal of challenging the U.S. dollar in international trade and finance. What we know: * From June 19, 2023, prominent Hong Kong stocks and