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Cyrus Janssen: China Just Launched Payment System in Africa to Replace US Dollar

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China has unveiled a bold and transformative strategy for Africa, positioning the continent not just as a trading partner, but as the pivotal launchpad for its ambitions to expand the international use of the Chinese yuan (CNY) and fundamentally challenge the long-standing dominance of the US dollar. This move signifies a comprehensive effort to reshape global trade governance and alter the fundamental currency landscape. At the heart of this strategy lies an unprecedented trade agreement with 53 African nations, granting their exports tariff-free access to the vast Chinese market. This deal is far more than a simple trade pact; it’s…

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