Will China’s deal with Australian mining giant BHP boost yuan internationalisation?
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Source: South China Morning Post
Published: 2026-04-24 22:00 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Business, Asia, Australia, Economy & Finance, China, Trade & Sanctions, Commodities, Business & Economy, Asia Pacific
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Snippet:
The agreement to partly link iron ore pricing to the yuan is a breakthrough but US dollar dominance in the trade remains entrenched for now, analysts say
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