Re: China-Australia yuan-based iron ores settlements started last year.
Replying to: China-Australia yuan-based iron ores settlements started last year. -- predicate	Post Reply Forum

Khan

06/14/2023, 01:38:54

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But is it going to be paid for in RMB? If so, China could buy back the RMB using US$ and thereby reducing its USD holding.

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Followups

Re: China-Australia yuan-based iron ores settlements started last year. - predicate 06-14 17:23 | 192 bytes |
why would China want to buy back RMB using dollar - swoosh 06-14 02:18 | 380 bytes | +1
- Re: why would China want to buy back RMB using dollar - Khan 06-14 19:04 | 989 bytes | +1
  - Re: why would China want to buy back RMB using dollar - swoosh 06-14 23:36 | 795 bytes | +1
    - Agree!! - Khan 06-15 02:18 | 807 bytes |