🔵 China’s Currency Ascends As De-Dollarization Gathers Pace
➡️ As of March 2024, over half of China’s international payments were settled in renminbi (RMB), surpassing the U.S. dollar (USD) for the first time. This marks a significant milestone in
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Anonymous 4
Stealth • 9m
If more countries start settling trade in RMB, we could see a major shift in global financial power. The next decade will be interesting.
0 replies4 likes
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🔵 China’s Currency Ascends As De-Dollarization Gathers Pace
➡️ As of March 2024, over half of China’s international payments were settled in renminbi (RMB), surpassing the U.S. dollar (USD) for the first time. This marks a significant milestone in
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"Accounting is like super power " very interesting and informative video well presented by BIG thinks. Where a experience CPA share some real life experience
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🇮🇳 India has become the leader in IPOs for 2024, surpassing China and the US - Financial Times.
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🔵 The Global Decline of Cash: Opportunities for Fintech Startups
➡️ Recent data from WorldPay’s Global Payments Report 2024 reveals a significant shift in global payment trends, with cash transactions declining rapidly worldwide. This trend present
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Arcane
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By the end of this decade, we would see a major shift in the way income is distributed over Indian households due to rise in per capita incomes.
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Two Major Developments Reshaping the Global Economy in Recent Days
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Interesting changes are happening in India's defence sector.
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🔹The Nifty India Defence Index has skyrocketed by 179.3% over the past year!
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AI cloud computing's rising power demands have led the Department of Energy to invest billions in upgrading US power grids.
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