Europe has seen the strongest growth in yuan payment value, with currency hubs being formed in London and Frankfurt. Photo: Bloomberg Europe has seen the strongest growth in yuan payment value, with currency hubs being formed in London and Frankfurt. Photo: Bloomberg
Europe has seen the strongest growth in yuan payment value, with currency hubs being formed in London and Frankfurt. Photo: Bloomberg

Yuan surges up currency rankings

Use of mainland currency in trade makes it No2 payment type between China and rest of world

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Europe has seen the strongest growth in yuan payment value, with currency hubs being formed in London and Frankfurt. Photo: Bloomberg Europe has seen the strongest growth in yuan payment value, with currency hubs being formed in London and Frankfurt. Photo: Bloomberg
Europe has seen the strongest growth in yuan payment value, with currency hubs being formed in London and Frankfurt. Photo: Bloomberg
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