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You can buy with RMB in a lot of countries outside the West, if they have integrated UnionPay or AliPay into their payment processors. But more importantly, yo
by fakedang 9mo ago
You can buy with RMB in a lot of countries outside the West, if they have integrated UnionPay or AliPay into their payment processors.
But more importantly, you can buy a lot of stuff from the factory of the world. Which is why a lot of countries don't mind holding the RMB. Just not enough for it to become a reserve currency, and certainly no one wants it to become the petroyuan.