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Beijing Promotes Yuan to Shield Against US Financial Pressure, Liu Says

According to Zongyuan Zoe Liu of the Council on Foreign Relations, China is promoting the yuan not to become the world's leading currency, but to limit unilateral U.S. financial sanctions.

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According to Zongyuan Zoe Liu of the Council on Foreign Relations, China is promoting the yuan not to become the world's leading currency, but to limit unilateral U.S. financial sanctions.