Why More African Countries Are Switching To Chinese Yuan | Next Africa скачать в хорошем качестве

Why More African Countries Are Switching To Chinese Yuan | Next Africa

Chinese mine operators in Zambia started paying royalties and taxes in yuan in Africa’s second-biggest copper producer, the latest sign of the growing acceptance of the currency on the continent. On this week’s episode, bloomberg reporter Matthew Hill and Bloomberg Economics Africa Economist Yvonne Mhango join Jennifer Zabasajja to discuss why China wants to boost the use of its currency, what’s in it for African countries, and whether there’s a risk of US retaliation For more stories from the region, you can subscribe to the Next Africa newsletter here (https://www.bloomberg.com/account/new...) See omnystudio.com/listener (https://omnystudio.com/listener) for privacy information. Each week, Jennifer Zabasajja provides a deep dive into the business stories that shape Africa. Join Jennifer and our Bloomberg reporters as they lift the lid on the news driving the continent. Check out more episodes of Next Africa:    • Next Africa   Subscribe to Bloomberg Podcasts: https://bit.ly/BloombergPodcasts Visit us: https://www.bloomberg.com/podcasts Follow Bloomberg Podcasts on Twitter:   / podcasts   Visit our other YouTube channels: Bloomberg Television:    / @markets   Bloomberg Originals:    / bloomberg   Quicktake:    / @bloombergquicktake   For coverage on news, markets and more: http://www.bloomberg.com/video #Africa #News #Business #Bloomberg #Podcast