China ranks No.1 globally in outward FDI for the first time

China‘s outward foreign direct investment (FDI) in 2020 hit $153.71 billion...

US drops tariff threat after digital tax deal with European nations

The United States on Thursday withdrew its threat of tariffs against five European countries over their digital services taxes..

Iran replaces U.S. dollar for RMB

According to reports in China and Iranian state TV, the central bank of Iran has announced numerous changes..
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