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Africa to benefit from China’s push for yuan as global reserve currency

China’s push for the International Monetary Fund to endorse its currency, the yuan or the renmibi as a global reserve currency to reflect the country’s growing share in world trade, could help shield Africa from inordinate exposure to the dollar.

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Zimbabwe: To Yuan or Not to Yuan, That is the Question

BULAWAYO – From downtown shops that stock cheap clothing and shoes that fall apart after one wear, to mining concessions in platinum, gold and diamonds – the Chinese finger is now in virtually every Zimbabwean pie.

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