Spread the loveFaith Nyasuguta  China is ramping up efforts to challenge U.S. dominance in the global financial system by expanding its cross-border yuan payment platform. In a bold move, six more financial institutions from Africa, the Gulf, Central Asia, and Southeast Asia have officially joined the Cross-border Interbank Payment System (CIPS), reinforcing China’s strategy to … Continue reading CHINA PUSHES YUAN GLOBAL AMBITIONS AS AFRICAN, GULF & ASIAN BANKS JOIN PAYMENT SYSTEM