China and South Africa Pioneer Historic Yuan-Denominated BRICS Loan Agreement Worth $290 Million for African Development
In a landmark move that signals a significant shift in international financial cooperation and the evolving architecture of global finance, China and South Africa have formalized a groundbreaking loan agreement denominated entirely in Chinese yuan (renminbi), marking a historic milestone in both BRICS financial integration and the ongoing global de-dollarization trend. This pioneering deal represents […]



