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The Chinese Yuan Is Shaking the Us's Dominance: This Development Will Help Reduce Türkiye's Debt!

Summary by Cumhuriyet
As the balance of power shifts in the global economy, China has accelerated its efforts to make the yuan a reserve currency. This strategy, aimed at challenging the dollar's long-standing dominance, has brought financial collaborations, including those involving Turkey, and Chinese bonds to the forefront of this new era. So, how will the Chinese yuan becoming a reserve currency affect the global and Turkish economies? Here are the details...
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As the balance of power shifts in the global economy, China has accelerated its efforts to make the yuan a reserve currency. This strategy, aimed at challenging the dollar's long-standing dominance, has brought financial collaborations, including those involving Turkey, and Chinese bonds to the forefront of this new era. So, how will the Chinese yuan becoming a reserve currency affect the global and Turkish economies? Here are the details...

·Istanbul, Türkiye
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Cumhuriyet broke the news in Istanbul, Türkiye on Thursday, February 19, 2026.
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