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flag China's renminbi is gaining global market share as markets shift away from the U.S. dollar.

flag China’s renminbi is gaining momentum as global markets shift away from the U.S. dollar due to economic and trade changes. flag Experts report the RMB’s share in cross-border finance has jumped to 63% over the last decade, though it still holds a small global share compared to China's economic weight. flag The push for broader RMB use aims to support global financial stability and innovation.

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