YUAN vs DOLLAR (Sylodium, choose your target markets)

If you want to export from USA to China or from China to USA use www.sylodium.com

YUAN vs DOLLAR

1 - There are more alternatives to dollar as a better-balanced international monetary system, euro, yuan, yen and the Indian rupee.

2 - Yuan overtook the Euro in October 2013 according to SWIFT.

3 - Taiwan signed yuan clearing agreement with China.

4- Singapore surpasses London as top offshore yuan clearing center

5- the UK wants City of London become one of the leading centres for yuan trading.

6- China’s goal is to decrease transactions costs for Chinese importers and exporters with geopolitical pressures.

7 - It will be impossible for China, in short time, replace the dollar. We’ll see in the next few decades. Mainly as China accumulates $3.2 trillion in official reserves for maintaining the yuan's semi-fixed peg to the dollar.

8 - China has taken a series of steps to liberalise controls of its government on capital movements, but still are very far of being enough.

In Sylodium (city and country / crossing system: the best way to export in Internet) you can advertise for free your company or your Project at the intersection of cities that you want, for example to export to Shanghai from New York:

Shenzhen (China) – New York (USA).

Or any city around the World. You can choose your target markets for free.

Other news from USA, East Coast