G7 Banking Giant Joins China’s RMB Payments System, Bypassing USD In Global Trade

G7 Banking Giant Joins China’s RMB Payments System, Bypassing USD In Global Trade
In a big move, UK banking Giant, HSBC, has officially joined China's interbank cross-border payment system. This is a signal that no matter the political pressure from the US, China's economy is just too important to ignore. Meanwhile, China is preparing for a fierce economic battle in 2025 where the stimulus bazooka could be fired again.