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China’s $1 Trillion Trade Surplus Sparks Call for Yuan-Based Import Strategy

China’s $1 Trillion Trade Surplus Sparks Call for Yuan-Based Import Strategy

Published:
2025-12-09 06:23:02
19
2
BTCCSquare news:

Liu Shijin, former PBOC adviser and current China Development Research Foundation vice chair, advocates a seismic shift in trade policy. With China's 2024 trade surplus nearing $1 trillion, he proposes aggressive import expansion settled in yuan to rebalance trade flows and boost the currency's global liquidity.

'Payments in yuan for $1 trillion in additional imports WOULD transform offshore yuan markets,' Liu stated during a recent address. The strategy aligns with Beijing's long-term goal of internationalizing the yuan while addressing trade imbalances.

|Square

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