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    Can China use widening yield gap between the US dollar and yuan to boost global role?

    South China Morning Post
    October 9, 2026
    via South China Morning Post

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    Can China use widening yield gap between the US dollar and yuan to boost global role?

    China should seize a window opened by the widening US-China yield gap to strengthen the financing, hedging and asset-absorption systems behind the yuan, turning its cyclical low-interest-rate advantage into lasting global use of the currency, according to a researcher from a Beijing-based government

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