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Getting to know the Yuan

September 8, 2015

China is looking for new ways to prop up its economy. One of these is to allow foreign trade partners to pay in Yuan.

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China Finanzmarkt Juni 2013
Image: ChinaFotoPress/Getty Images

China has been trying to prop up its economy by devaluating its currency. Analysts, however, believe Bejing should boost the international acceptance of the Yuan instead - by allowing trading partners to pay in Yuan instead of U.S. Dollars, for instance.