A bank clerk counts a stack of 100 yuan notes in Shanghai. Photo: AP
A bank clerk counts a stack of 100 yuan notes in Shanghai. Photo: AP
Yuan

Yuan can supplant yen, pound to be world’s third most-used currency if reforms keep pace

  • The yuan makes up 2 per cent of global payments, compared with 40 per cent by the US dollar, according to Swift data

A bank clerk counts a stack of 100 yuan notes in Shanghai. Photo: AP
A bank clerk counts a stack of 100 yuan notes in Shanghai. Photo: AP
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