De-dollarization in Australia скачать в хорошем качестве

De-dollarization in Australia

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. Closing scene, Yueyang Tower, Hunan Resources and links: FORTESCUE SECURES LANDMARK RMB 14.2 BILLION SYNDICATED TERM LOAN https://content.fortescue.com/fortesc... SCMP, China’s push to promote its currency accelerates with landmark Fortescue loan https://www.scmp.com/economy/china-ec... https://content.fortescue.com/fortesc... Bloomberg, Australia government bond yields https://www.bloomberg.com/markets/rat... Fortescue completes landmark RMB14.2 billion syndicated term loan—a first for Australian corporates https://www.aoshearman.com/en/news/fo... Reuters, Australia's Fortescue secures yuan loan worth $2 billion for green energy plans https://www.reuters.com/sustainabilit... Fortescue Cancels $550 Million Green Hydrogen Hub Project in Buckeye Amid US Policy Uncertainty https://hydrogenindustryleaders.com/f... Fortescue awards US$400 million contract to XCMG to supply zero emissions mining equipment https://www.fortescue.com/en/articles...