A person holds a stack of Chinese yuan bank notes. Photo: Shutterstock A person holds a stack of Chinese yuan bank notes. Photo: Shutterstock
A person holds a stack of Chinese yuan bank notes. Photo: Shutterstock
Indonesia

Indonesia begins to embrace China’s yuan as trade and belt and road projects fuel uptake

  • An estimated US$2.7 billion’s worth of the country’s international trade was paid for using China’s currency in the first six months of this year
  • China has emerged as Indonesia’s largest trading partner over the past decade and is its second-biggest source of foreign direct investment

Topic |   Indonesia
A person holds a stack of Chinese yuan bank notes. Photo: Shutterstock A person holds a stack of Chinese yuan bank notes. Photo: Shutterstock
A person holds a stack of Chinese yuan bank notes. Photo: Shutterstock
READ FULL ARTICLE