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Chinese banks trim dollar lending to developing Asia
asia.nikkei.com/Business/Finance/Chinese-banks-trim-dollar-lending-to-developing-Asia
HONG KONG/TOKYO -- The dollar is losing share to the Chinese yuan in lending to developing nations in Asia, marking a rare success for Beijing in its yearslong efforts to challenge the dominance of the greenback.
Between the first quarter of 2022 and the second quarter of 2024,…
This story appeared on asia.nikkei.com, 2025-07-17 00:00:00.