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Ecobank Seeks Yuan Link to Trim Dollar Dominance in Africa Trade
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Ecobank Seeks Yuan Link to Trim Dollar Dominance in Africa Trade

Pan-African lender Ecobank Transnational Inc. is exploring ways to facilitate direct yuan payments for its clients trading with China as it seeks to boost ties with the continent’s biggest trading partner and reduce reliance on the dollar.

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Will the Yuan’s Fall Force China to Re-energize Reforms?
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Will the Yuan’s Fall Force China to Re-energize Reforms?

Knowledge at Wharton·@HashtagPLUS·about 1 month ago
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#search#china#currency#market#yuan#article

Following last week’s devaluation of the yuan, the focus is shifting to structural impediments China faces on its path to reforms.…Read More

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602: The Hardscrabble Business of Chinese Manufacturing in Africa
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602: The Hardscrabble Business of Chinese Manufacturing in Africa

HBR IdeaCast·HBR IdeaCast·about 1 month ago
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#hbsp#chinese#factories#africa#irene#yuan

Irene Yuan Sun, a consultant at McKinsey, explains why so many Chinese entrepreneurs are setting up factories in Africa. She describes what it's like inside these factories, who works there, what they're making—and how this emerging manufacturing sector…

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Xiaomi makes dirt-cheap gadgets, but its CEO just ruled out cheap EVs
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Xiaomi makes dirt-cheap gadgets, but its CEO just ruled out cheap EVs

Digital Trends·Vikhyaat Vivek·about 1 month ago
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Xiaomi CEO Lei Jun says the company has no plans to launch ultra-cheap EVs below 100,000 yuan, arguing that advanced intelligent vehicle tech makes that price point too hard to hit.

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