{"id":96468,"date":"2025-10-23T12:33:08","date_gmt":"2025-10-23T12:33:08","guid":{"rendered":"https:\/\/www.newsbeep.com\/nz\/96468\/"},"modified":"2025-10-23T12:33:08","modified_gmt":"2025-10-23T12:33:08","slug":"china-finds-costly-new-way-of-boosting-xis-global-yuan-push","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/nz\/96468\/","title":{"rendered":"China Finds Costly New Way of Boosting Xi\u2019s Global Yuan Push"},"content":{"rendered":"<p class=\"ArticleBodyText_articleBodyContent__17wqE typography_articleBody__3UcBa\" data-component=\"paragraph\">China is leveraging its position as the world\u2019s largest creditor to help broaden usage of the yuan, offering overseas borrowers the chance to benefit from economically-depressed interest rates at home by ditching the dollar.<\/p>\n<p class=\"ArticleBodyText_articleBodyContent__17wqE typography_articleBody__3UcBa\" data-component=\"paragraph\"><a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2025-10-20\/ethiopia-in-talks-with-china-to-convert-dollar-loans-into-yuan\" target=\"_blank\" rel=\"noopener nofollow\" class=\"media-ui-Link_link-tVkXhPLPofs-\" data-component=\"link\">Ethiopia<\/a> became the latest this week in looking to convert at least part of the $5.38 billion owed to Beijing into yuan-denominated loans. A growing number of sovereigns is also seizing on cheaper Chinese financing via bonds. <\/p>\n","protected":false},"excerpt":{"rendered":"China is leveraging its position as the world\u2019s largest creditor to help broaden usage of the yuan, offering&hellip;\n","protected":false},"author":2,"featured_media":96469,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[190,4177,910,138,607,645,5399,219,3508,220,111,139,69,31914,22288,24547],"class_list":{"0":"post-96468","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-economy","8":"tag-africa","9":"tag-beijing","10":"tag-bonds","11":"tag-business","12":"tag-china","13":"tag-china-renminbi-spot","14":"tag-debt","15":"tag-economy","16":"tag-interest-rates","17":"tag-markets","18":"tag-new-zealand","19":"tag-newzealand","20":"tag-nz","21":"tag-reserve-currency","22":"tag-us-dollar-spot","23":"tag-world-bank"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/96468","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/comments?post=96468"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/96468\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media\/96469"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media?parent=96468"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/categories?post=96468"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/tags?post=96468"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}