Southeast Asia • STORY OF THE DAY • Oct 11, 2012 • 2 min read
Yuan tipped to replace the dollar
By
Southeast Asia Globe
• Oct 11, 2012
China’s yuan is set to usurp the US dollar and the euro as the trading currency of choice in Southeast Asia, experts say. Money matters: by 2015, Asean will become China’s biggest trading partner, say experts Thanks to zero tariffs, preferential trade policies and geographic advantages, trade between China…
