De-dollarization in Australia

Video: De-dollarization in Australia 澳洲的去美元化

China is eager to replace the US dollar and other currencies in its bilateral trade with other countries, and major companies outside China.

Chinese banks typically offer more generous loan terms than are available by Western banks. Interest rates are lower, even for unsecured loans.

Fortescue is one of the world's top mining companies, and recently got a $2 billion loan facility denominated in RMB. The interest rate is 3.8%, just slightly above Australian government bond rates of the same duration.

中國渴望在與其他國家以及中國境外大型企業的雙邊貿易中取代美元和其他貨幣。

中國銀行通常提供比西方銀行更優厚的貸款條件。即使是無抵押貸款，利率也更低。

Fortescue是全球頂級礦業公司之一，最近獲得了一筆20億美元的人民幣貸款。貸款利率為3.8%，略高於同期澳洲政府債券的利率