Wednesday, September 17, 2025

China Departing Respectfully From the Dollar Standard

 Mohamed A. El-Erian, Sept 16, reprints a couple of charts from The Economist. It doesn't show a big rise yuan cross-border inbound payments over the last few years, but the trend seems up. 


The accompanying chart shows a big increase in the last few years of overseas yuan loans, nearly fifty percent of the total.