Bank of China Survey Reveals 95% of Overseas Businesses Will Sustain or Increase Yuan Use
Key Takeaways Bank of China found that 95% of foreign firms plan to sustain yuan use, boosting cross-border market volume. Willingness to preserve yuan deposits hit a 5-year, in line with Xi Jinping’s target of reaching reserve status. Only 4.1% of the firms surveyed expected to drop yuan usage. Confidence in The Chinese Yuan Surges:
